Technical Analysis for NVDL - GraniteShares 1.5x Long NVDA Daily ETF

Grade Last Price % Change Price Change
C 38.89 2.29% 0.87
NVDL closed down 3.84 percent on Thursday, May 9, 2024, on 71 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Flat Up

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 2.29%
Multiple of Ten Bearish Other 2.29%
Wide Bands Range Expansion 2.29%
Overbought Stochastic Strength 2.29%
Down 3 Days in a Row Weakness 2.29%
NR7 Range Contraction -1.64%
Narrow Range Bar Range Contraction -1.64%
Multiple of Ten Bearish Other -1.64%
Inside Day Range Contraction -1.64%
Wide Bands Range Expansion -1.64%

   Recent Intraday Alerts

Alert Time
50 DMA Support about 3 hours ago
60 Minute Opening Range Breakdown about 3 hours ago
50 DMA Resistance about 3 hours ago
Rose Above Previous Day's High about 4 hours ago
Up 5% about 4 hours ago

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Profile

The fund will enter into one or more swap agreements with major financial institutions for a specified period ranging from a day to more than one year whereby the fund and the financial institution will agree to exchange the return (or differentials in rates of return) earned or realized on the Underlying Stock. It is non-diversified.
Classification

Keywords: Swaps Swaption Commodity Swap

Is NVDL a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 49.19
52 Week Low 7.8417
Average Volume 15,997,729
200-Day Moving Average 22.58
50-Day Moving Average 38.72
20-Day Moving Average 36.11
10-Day Moving Average 37.77
Average True Range 3.10
RSI (14) 55.36
ADX 27.88
+DI 28.84
-DI 20.04
Chandelier Exit (Long, 3 ATRs) 32.25
Chandelier Exit (Short, 3 ATRs) 37.58
Upper Bollinger Bands 42.46
Lower Bollinger Band 29.76
Percent B (%b) 0.65
BandWidth 35.17
MACD Line 0.37
MACD Signal Line -0.19
MACD Histogram 0.5567
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 41.73
Resistance 3 (R3) 42.01 41.05 41.11
Resistance 2 (R2) 41.05 40.11 40.91 40.90
Resistance 1 (R1) 39.54 39.53 39.06 39.26 40.70
Pivot Point 38.58 38.58 38.35 38.44 38.58
Support 1 (S1) 37.07 37.64 36.59 36.79 35.34
Support 2 (S2) 36.11 37.06 35.97 35.14
Support 3 (S3) 34.60 36.11 34.93
Support 4 (S4) 34.32