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GraniteShares 2x Long NVDA Daily ETF

NVDL Technical Analysis Summary (NASDAQ)

Analyze NVDL on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

NVDLNASDAQ
Financial ServicesAsset Management - Leveraged
$34.87
$0.83(2.44%)
U.S. Market opens in 11h 52m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

NVDL Technical Analysis Summary (NASDAQ)

GraniteShares 2x Long NVDA Daily ETF (NASDAQ: NVDL) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 50.21)
Trend Strength:Moderate (ADX: 23.10)
Volatility:High (ATR: 2.12)
Support/Resistance:$30.37 – $37.93 (Bollinger Bands)

Technical conditions suggest GraniteShares 2x Long NVDA Daily ETF on the NASDAQ is awaiting a decisive move. This mix signals that GraniteShares 2x Long NVDA Daily ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 50.21

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 34.51

Bearish
Momentum remains weak below midpoint.

Williams %R: -52.26

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 3.23

Bullish
Steady upward momentum.

Takeaway:GraniteShares 2x Long NVDA Daily ETF shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.69

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 23.10

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.12

Medium
Medium volatility, healthy price movement.

CCI (14): -2.83

Neutral
Neutral, no strong directional signal.

Takeaway:GraniteShares 2x Long NVDA Daily ETF shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$37.93
Middle Band (SMA 20)
$34.15
Lower Band
$30.37
Current Position
Within Bands

Takeaway:GraniteShares 2x Long NVDA Daily ETF trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$38.46
Middle Line (EMA 20)
$34.22
Lower Channel
$29.98
Squeeze Status
Squeeze On

Takeaway:GraniteShares 2x Long NVDA Daily ETF trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume62.76M
Money Flow Index58.90Neutral, balanced money flows with no clear signal.
Relative Vigor Index63.84Bullish, price momentum strongly favors buyers.

Overall Takeaway:NVDL shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of GraniteShares 2x Long NVDA Daily ETF (NASDAQ: NVDL), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for GraniteShares 2x Long NVDA Daily ETF are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: NVDL) Technical Analysis FAQ