We assign a technical rating of 1 out of 10 to NVDQ. NVDQ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
NVDQ has a poor technical rating and the quality of the setup is also only medium 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
16.34
When analyzing the support we notice one important area.
- A support zone ranging from 16.51 to 16.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 17.09 to 17.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 18.16 to 18.20. 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 19.55. 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 | DOWN | NEGATIVE | The short term trend for NVDQ is down. |
| ChartMill Relative Strength | 7.03 | NEGATIVE | NVDQ has a low relative strength, it was outperformed by 92.97% 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) | 48.33 | NEUTRAL | The RSI value for NVDQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NVDQ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.15 | NEUTRAL | The Stochastics value for NVDQ is a neutral value. |
| Average True Range in percent/ATR (20) | 5.62 | HIGH VOLATILITY | The high ATR as a percentage value for NVDQ suggests high volalility. |
| Average Directional Index/ADX (14) | 11.62 | NEGATIVE | The low ADX value for NVDQ suggests a weak or negative trend. |
17.08
+0.04 (+0.26%)
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 48.3315. 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 -0.0213313, indicating a bearish trend.
Can you provide the buy/sell signal for T-REX 2X INVERSE NVIDIA DLY?
The buy/sell signal for T-REX 2X INVERSE NVIDIA DLY (NVDQ) is sell as both the short term and long term trends are negative.