NVDD Direxion Daily NVDA Bear 1X ETF Forecast, Technical & Fundamental Analysis

NVDD sees its Stochastic Oscillator recovers from oversold territory

On January 27, 2025, the Stochastic Oscillator for NVDD moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 14 instances where the indicator left the oversold zone. In of the 14 cases the stock moved higher in the following days. This puts the odds of a move higher at over .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 29, 2025. You may want to consider a long position or call options on NVDD as a result. In of 18 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 NVDD just turned positive on January 27, 2025. Looking at past instances where NVDD's MACD turned positive, the stock continued to rise in of 10 cases over the following month. The odds of a continued upward trend are .

NVDD moved above its 50-day moving average on January 27, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for NVDD crossed bullishly above the 50-day moving average on January 27, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 4 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 +2 3-day Advance, the price is estimated to grow further. Considering data from situations where NVDD advanced for three days, in of 61 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

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

NVDD broke above its upper Bollinger Band on January 27, 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.

The Aroon Indicator for NVDD entered a downward trend on January 17, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.