GRANITESH 2XSHT NVDA ETF-USD (NVD) Stock Technical Analysis
USA - NASDAQ:NVD - US38747R6291 - ETF
8.9 USD
+0.19 (+2.18%)
8.78 USD
-0.12 (-1.35%)
Overall NVD gets a technical rating of 1 out of 10. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
92% of all other stocks performed better in the past year than NVD.
NVD is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NVD is lagging the market.
In the last month NVD has a been trading in the 6.51 - 9.47 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
NVD has an average volume of 25583600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NVD has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
8.81
11.32
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.91 to 8.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.21 from a horizontal 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 | NEUTRAL | NEUTRAL | The short term trend for NVD is neutral. |
| ChartMill Relative Strength | 8.12 | NEGATIVE | NVD has a low relative strength, it was outperformed by 91.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NVD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NVD is above 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) | 56.66 | NEUTRAL | The RSI value for NVD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests NVD has a positive trend. |
| Stochastics (14,3) | 75.99 | NEUTRAL | The Stochastics value for NVD is a neutral value. |
| Average True Range in percent/ATR (20) | 8.2 | HIGH VOLATILITY | The high ATR as a percentage value for NVD suggests high volalility. |
| Average Directional Index/ADX (14) | 13.52 | NEGATIVE | The low ADX value for NVD suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
8.9
+0.19 (+2.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.18%
1 Week12.23%
2 Weeks8.14%
1 Month3.49%
3 Month-8.81%
6 Month-52.2%
12 Month-70.31%
2 Year-98.52%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.78
ATR(20)%8.2%
ATR Inc88.79%
Range Today1.12
ADR(20)0.61
ADR(20)%6.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.12
3 months CRS26.36
6 months CRS4.71
Mansfield-5.94
10 Day High9.47
10 Day Low7.21
20 Day High9.47
20 Day Low6.51
52 Week High51.62
52 Week Low6.51
CS1 EndN/A
CR1 Start8.91
Volume & EV
DER(3)0.62%
DER(5)-0.66%
Volume71.48M
Volume Incr57.85%
Vol(5)42.76M
Vol(50)25.58M
GRANITESH 2XSHT NVDA ETF-USD / NVD FAQ
What is the technical rating for NVD stock?
ChartMill assigns a technical rating of 1 / 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 56.6596. 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 0.182662, indicating a bearish trend.