NVDY Stock Tickeron detected bearish ETF Pattern: Cup-and-Handle Inverse NVDY on April 02, 2025, netting in a 7.11% gain over 1 day

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NVDY - YieldMax NVDA Option Income Strategy ETF

Ticker: NVDY

Company: YieldMax NVDA Option Income Strategy ETF

Gain from shorting: +7.11%

Confirmed: 04/02/25

Succeeded: 04/03/25

Total length: 1 day

NVDY's RSI Oscillator is staying in oversold zone for 2 days

It is expected that a price bounce should occur soon.

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NVDY advanced for three days, in of 157 cases, the price rose further within the following month. The odds of a continued upward trend are .

NVDY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on March 26, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on NVDY as a result. In of 30 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for NVDY turned negative on March 31, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 17 similar instances when the indicator turned negative. In of the 17 cases the stock turned lower in the days that followed. This puts the odds of success at .

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

The Aroon Indicator for NVDY entered a downward trend on April 07, 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.