Taking everything into account, NVD scores 0 out of 10 in our technical rating. NVD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of NVD is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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7.61
2 important resistance areas can be observed.
- A resistance zone ranging from 8.35 to 8.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @9.25 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NVD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NVD is down. |
| ChartMill Relative Strength | 6.41 | NEGATIVE | NVD has a low relative strength, it was outperformed by 93.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NVD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NVD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NVD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.23 | NEUTRAL | The RSI value for NVD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests NVD has a negative trend. |
| Stochastics (14,3) | 3.89 | OVERSOLD | The low Stochastics value suggests NVD may be oversold. |
| Average True Range in percent/ATR (20) | 6.13 | HIGH VOLATILITY | The high ATR as a percentage value for NVD suggests high volalility. |
| Average Directional Index/ADX (14) | 12.23 | NEGATIVE | The low ADX value for NVD suggests a weak or negative trend. |
7.69
-0.16 (-2.04%)
GRANITESH 2XSHT NVDA ETF-USD / NVD FAQ
What is the technical rating for NVD stock?
ChartMill assigns a technical rating of 0 / 10 to NVD.
What is the trend direction for NVD stock?
The current trend direction for GRANITESH 2XSHT NVDA ETF-USD (NVD) is Bearish.
Can you provide the RSI signal for GRANITESH 2XSHT NVDA ETF-USD?
GRANITESH 2XSHT NVDA ETF-USD (NVD) has an RSI value of 40.2313. This indicates that the stock is currently neutral.
What is the MACD signal for NVD stock?
The MACD indicator for GRANITESH 2XSHT NVDA ETF-USD (NVD) has a value of -0.147086, indicating a bearish trend.
Can you provide the buy/sell signal for GRANITESH 2XSHT NVDA ETF-USD?
The buy/sell signal for GRANITESH 2XSHT NVDA ETF-USD (NVD) is sell as both the short term and long term trends are negative.