NVDY YieldMax NVDA Option Income Strategy ETF Forecast, Technical & Fundamental Analysis

NVDY's Indicator enters downward trend

The Aroon Indicator for NVDY entered a downward trend on December 27, 2024. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 15 similar instances where the Aroon Indicator formed such a pattern. In of the 15 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 20 cases where NVDY'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 January 08, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on NVDY as a result. In of 25 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

NVDY moved below its 50-day moving average on January 07, 2025 date and that indicates a change from an upward trend to a downward trend.

NVDY broke above its upper Bollinger Band on January 06, 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 Moving Average Convergence Divergence (MACD) for NVDY just turned positive on December 26, 2024. Looking at past instances where NVDY's MACD turned positive, the stock continued to rise in of 14 cases over the following month. The odds of a continued upward trend are .

The 10-day moving average for NVDY crossed bullishly above the 50-day moving average on January 07, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 6 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 NVDY advanced for three days, in of 140 cases, the price rose further within the following month. The odds of a continued upward trend are .