Stock Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
Direxion Daily NVDA Bull 1.5X Shares (NASDAQ:NVDU)
Sidelines Mode (+55) - NVDU is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for NVDU
The long-term trend has been UP since Nov 9th, 2023 at 27.075
The intermediate-term trend has been UP since Nov 8th, 2023 at 25.880
The short-term trend has been DOWN since Nov 22nd, 2023 at 27.927
Smart Scan Analysis for NVDU
Based on our trend formula, NVDU is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||29.25||52wk High Date||2023-11-20|
|52wk Low||20.18||52wk Low Date||2023-10-31|