We assign a technical rating of 4 out of 10 to NVDU. NVDU was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- In the last month NVDU has a been trading in the 106.00 - 126.69 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that NVDU is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- NVDU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NVDU is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is only medium, NVDU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 118.55, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NVDU 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
104.52
We found 2 important support areas.
- A support zone ranging from 115.09 to 118.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 105.58 to 108.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 123.11 to 123.57. 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 | UP | POSITIVE | The long term trend for NVDU is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NVDU is neutral. |
| ChartMill Relative Strength | 84.55 | POSITIVE | NVDU has a high relative strength, it outperformed 84.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NVDU is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NVDU is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NVDU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.8 | NEUTRAL | The RSI value for NVDU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests NVDU has a positive trend. |
| Stochastics (14,3) | 61.48 | NEUTRAL | The Stochastics value for NVDU is a neutral value. |
| Average True Range in percent/ATR (20) | 5.13 | HIGH VOLATILITY | The high ATR as a percentage value for NVDU suggests high volalility. |
| Average Directional Index/ADX (14) | 7.68 | NEGATIVE | The low ADX value for NVDU suggests a weak or negative trend. |
NASDAQ:NVDU (1/28/2026, 12:31:45 PM)
122.39
+3.51 (+2.95%)
DIREXION DAILY NVDA BULL 2X / NVDU FAQ
What is the ChartMill technical rating of DIREXION DAILY NVDA BULL 2X (NVDU) stock?
ChartMill assigns a technical rating of 4 / 10 to NVDU.
What is the current trend direction of DIREXION DAILY NVDA BULL 2X (NVDU) stock?
The current trend direction for DIREXION DAILY NVDA BULL 2X (NVDU) is Bullish.
Can you provide the RSI signal for DIREXION DAILY NVDA BULL 2X?
DIREXION DAILY NVDA BULL 2X (NVDU) has an RSI value of 52.7997. This indicates that the stock is currently neutral.
What is the MACD signal for NVDU stock?
The MACD indicator for DIREXION DAILY NVDA BULL 2X (NVDU) has a value of 0.376941, indicating a bearish trend.
What is the short term momentum for NVDU stock?
The short term momentum for DIREXION DAILY NVDA BULL 2X (NVDU) is neutral.