GRANITESH 2XSHT NVDA ETF-USD (NVD) Stock Technical Analysis
NASDAQ:NVD - Nasdaq - US38747R6291 - ETF - Currency: USD
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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, NVD is a bad performer in the overall market: 100% of all stocks are doing better.
NVD is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month NVD has a been trading in the 10.31 - 15.73 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
NVD has an average volume of 8257570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
More info and screens
10.43
10.65
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 | 0.67 | NEGATIVE | NVD has a low relative strength, it was outperformed by 99.33% 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) | 23.73 | OVERSOLD | The low RSI value suggests NVD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests NVD has a positive trend. |
| Stochastics (14,3) | 5.15 | OVERSOLD | The low Stochastics value suggests NVD may be oversold. |
| Average True Range in percent/ATR (20) | 5.86 | HIGH VOLATILITY | The high ATR as a percentage value for NVD suggests high volalility. |
| Average Directional Index/ADX (14) | 46.93 | POSITIVE | The high ADX value value for NVD suggests a strong 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)
10.54
+0.1 (+0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.96%
1 Week-8.74%
2 Weeks-14.86%
1 Month-29.73%
3 Month-67.85%
6 Month-62%
12 Month-81.98%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%5.86%
ATR Inc-33.72%
Range Today0.36
ADR(20)0.53
ADR(20)%5.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.67
Mansfield-6.96
10 Day High12.69
10 Day Low10.31
20 Day High15.73
20 Day Low10.31
52 Week High84.5
52 Week Low10.31
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)2.22%
DER(5)1.31%
Volume28.46M
Volume Incr127.8%
Vol(5)20.06M
Vol(50)8.26M