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Stock Trend Analysis Report

Prepared for you on Sunday, July 14, 2024.

Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU)

Bull Market Weakness (+75) - NVDU is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NVDU as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid NVDU?

MarketClub looks at technical strength and momentum to determine if the timing is right for NVDU.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NVDU
Open High Low NVDU Price Change
118.171 124.973 116.562 120.078 +3.282
Entry Signal

MarketClub’s Trade Triangles for NVDU

long term up The long-term trend has been UP since Nov 9th, 2023 at 27.075

intermediate term up The intermediate-term trend has been UP since May 15th, 2024 at 65.463

short term down The short-term trend has been DOWN since Jul 11th, 2024 at 117.062

Smart Scan Analysis for NVDU

Based on our trend formula, NVDU is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for NVDU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
118.171 124.973 116.562 120.078 +3.282
Prev. Close Volume Bid Ask Time
120.020 0 2024-07-12 16:28:48
52wk High146.8752wk High Date2024-06-20
52wk Low20.1852wk Low Date2023-10-31
Average Volume758,462
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