NVDQ T-REX 2X Inverse NVIDIA Daily Target ETF Forecast, Technical & Fundamental Analysis

Momentum Indicator for NVDQ turns positive, indicating new upward trend

NVDQ saw its Momentum Indicator move above the 0 level on January 29, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 16 similar instances where the indicator turned positive. In of the 16 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 15 cases where NVDQ's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for NVDQ just turned positive on January 27, 2025. Looking at past instances where NVDQ's MACD turned positive, the stock continued to rise in of 5 cases over the following month. The odds of a continued upward trend are .

NVDQ moved above its 50-day moving average on January 29, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a +4 3-day Advance, the price is estimated to grow further. Considering data from situations where NVDQ advanced for three days, in of 52 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day moving average for NVDQ crossed bearishly below the 50-day moving average on January 06, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 2 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 NVDQ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

NVDQ 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 NVDQ 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.