NVD Stock Tickeron detected bullish ETF Pattern: Head-and-Shoulders Bottom NVD on January 27, 2025, netting in a 22.99% gain over 1 month

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NVD - GraniteShares 2x Short NVDA Daily ETF

Ticker: NVD

Company: GraniteShares 2x Short NVDA Daily ETF

Gain: +22.99%

Confirmed: 01/27/25

Succeeded: 03/06/25

Total length: 50 days

NVD in upward trend: price rose above 50-day moving average on March 26, 2025

NVD moved above its 50-day moving average on March 26, 2025 date and that indicates a change from a downward trend to an upward trend. In of 10 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on March 26, 2025. You may want to consider a long position or call options on NVD as a result. In of 22 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for NVD just turned positive on March 28, 2025. Looking at past instances where NVD's MACD turned positive, the stock continued to rise in of 13 cases over the following month. The odds of a continued upward trend are .

The 10-day moving average for NVD crossed bullishly above the 50-day moving average on March 05, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 3 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NVD advanced for three days, in of 70 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 .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 15 cases where NVD's Stochastic Oscillator exited the overbought zone, the price fell further within 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 March 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.