Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Sunday, May 12, 2024.
GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD)
Countertrend Down (-85) - NVD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid NVD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NVD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NVD
The long-term trend has been DOWN since Nov 14th, 2023 at 22.3500
The intermediate-term trend has been DOWN since Apr 30th, 2024 at 4.9000
The short-term trend has been UP since May 9th, 2024 at 4.7812
Smart Scan Analysis for NVD
Based on our trend formula, NVD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.6400 | 4.7497 | 4.5010 | 4.6650 | -0.1350 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.6700 | 4891992 | 2024-05-10 15:59:21 |
| 52wk High | 31.4542 | 52wk High Date | 2023-10-31 |
| 52wk Low | 4.43 | 52wk Low Date | 2024-03-25 |
| Average Volume | 6,444,392 |