Overall NVDQ gets a technical rating of 1 out of 10. NVDQ'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.
NVDQ has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 16.70, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NVDQ in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
16.30
We found 1 important support area.
- A support zone ranging from 16.46 to 16.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @17.08 from a horizontal line in the daily time frame.
- A resistance zone ranging from 17.89 to 18.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.39 to 19.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 NVDQ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NVDQ is neutral. |
| ChartMill Relative Strength | 7.14 | NEGATIVE | NVDQ has a low relative strength, it was outperformed by 92.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NVDQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NVDQ is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NVDQ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.17 | NEUTRAL | The RSI value for NVDQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NVDQ has a positive trend. |
| Stochastics (14,3) | 49.47 | NEUTRAL | The Stochastics value for NVDQ is a neutral value. |
| Average True Range in percent/ATR (20) | 5.43 | HIGH VOLATILITY | The high ATR as a percentage value for NVDQ suggests high volalility. |
| Average Directional Index/ADX (14) | 11.24 | NEGATIVE | The low ADX value for NVDQ suggests a weak or negative trend. |
17.06
-0.02 (-0.12%)
T-REX 2X INVERSE NVIDIA DLY / NVDQ FAQ
Can you provide the ChartMill technical rating for T-REX 2X INVERSE NVIDIA DLY?
ChartMill assigns a technical rating of 1 / 10 to NVDQ.
Can you provide the trend direction for T-REX 2X INVERSE NVIDIA DLY?
The current trend direction for T-REX 2X INVERSE NVIDIA DLY (NVDQ) is Bearish.
What is the RSI signal for NVDQ stock?
T-REX 2X INVERSE NVIDIA DLY (NVDQ) has an RSI value of 48.1742. This indicates that the stock is currently neutral.
What is the MACD signal for NVDQ stock?
The MACD indicator for T-REX 2X INVERSE NVIDIA DLY (NVDQ) has a value of 0.0126778, indicating a bearish trend.