NVD GraniteShares 2x Short NVDA Daily ETF Forecast, Technical & Fundamental Analysis

NVD's RSI Indicator leaves overbought zone

The 10-day RSI Indicator for NVD moved out of overbought territory on April 07, 2025. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 3 instances where the indicator moved out of the overbought zone. In of the 3 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on April 25, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on NVD as a result. In of 23 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for NVD turned negative on April 10, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 12 similar instances when the indicator turned negative. In of the 12 cases the stock turned lower in the days that followed. This puts the odds of success at .

NVD moved below its 50-day moving average on April 24, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for NVD crossed bearishly below the 50-day moving average on April 23, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 5 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where NVD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

NVD broke above its upper Bollinger Band on April 03, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where NVD advanced for three days, in of 71 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 24 cases where NVD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .