YIELDMAX NVDA OPTION INC ETF (NVDY) Technical Analysis
NYSEARCA:NVDY • US88634T7744
Current stock price
NVDY Technical Rating and Analysis
Taking everything into account, NVDY scores 0 out of 10 in our technical rating. NVDY'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.
- 78% of all other stocks performed better in the past year than NVDY.
- NVDY 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 NVDY is lagging the market.
- NVDY has an average volume of 5831490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month NVDY has a been trading in the 12.34 - 14.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
NVDY Weekly and Daily overview Charts
NVDY Setup Rating and Analysis
NVDY has a poor technical rating and the quality of the setup is also not perfect 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
NVDY Support and Resistance Analysis
12.81
We found 1 important support area.
- A support zone ranging from 12.94 to 12.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 13.62 to 13.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.29 to 14.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 14.81 to 14.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
NVDY Technical Indicator Signal Analysis
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 NVDY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NVDY is down. |
| ChartMill Relative Strength | 22.61 | NEGATIVE | NVDY has a low relative strength, it was outperformed by 77.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NVDY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NVDY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NVDY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.57 | NEUTRAL | The RSI value for NVDY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NVDY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.04 | NEUTRAL | The Stochastics value for NVDY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for NVDY suggests some volalility. |
| Average Directional Index/ADX (14) | 29.87 | POSITIVE | The high ADX value value for NVDY suggests a strong trend. |
NVDY Chart- and CandleStick Pattern Analysis
NVDY Technicals: Chart, Performance Metrics, Trend & Indicators
13.02
-0.05 (-0.38%)
YIELDMAX NVDA OPTION INC ETF / NVDY TA FAQ
What is the ChartMill technical rating of YIELDMAX NVDA OPTION INC ETF (NVDY) stock?
ChartMill assigns a technical rating of 0 / 10 to NVDY.
What is the trend direction for NVDY stock?
The current trend direction for YIELDMAX NVDA OPTION INC ETF (NVDY) is Bearish.
Can you provide the RSI signal for YIELDMAX NVDA OPTION INC ETF?
YIELDMAX NVDA OPTION INC ETF (NVDY) has an RSI value of 44.5654. This indicates that the stock is currently neutral.
What is the MACD signal for YIELDMAX NVDA OPTION INC ETF (NVDY) stock?
The MACD indicator for YIELDMAX NVDA OPTION INC ETF (NVDY) has a value of -0.0107267, indicating a bearish trend.
Can you provide the short term momentum for YIELDMAX NVDA OPTION INC ETF?
The short term momentum for YIELDMAX NVDA OPTION INC ETF (NVDY) is negative.