NVDD Stock Tickeron detected bullish ETF Pattern: Broadening Top NVDD on January 27, 2025, netting in a 10.64% gain over 2 months

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NVDD - Direxion Daily NVDA Bear 1X ETF

Ticker: NVDD

Company: Direxion Daily NVDA Bear 1X ETF

Gain: +10.64%

Confirmed: 01/27/25

Succeeded: 04/03/25

Total length: 66 days

Aroon Indicator for NVDD shows an upward move is likely

NVDD's Aroon Indicator triggered a bullish signal on March 20, 2025. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 25 similar instances where the Aroon Indicator showed a similar pattern. In of the 25 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for NVDD just turned positive on March 28, 2025. Looking at past instances where NVDD'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 .

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where NVDD advanced for three days, in of 69 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day RSI Indicator for NVDD moved out of overbought territory on April 07, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 3 similar instances where the indicator moved out of overbought territory. In of the 3 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 15 cases where NVDD's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on April 09, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on NVDD as a result. In of 24 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

NVDD moved below its 50-day moving average on April 09, 2025 date and that indicates a change from an upward trend to a downward trend.

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 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.