


Technical Sentiment Analysis for GraniteShares 2x Short NVDA Daily ETF (NVD). As of 2026-05-04, GraniteShares 2x Short NVDA Daily ETF (NVD) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 4 indicators are flashing buy, while 8 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for NVD stands at 44.53, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.42, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 61.94 and the Commodity Channel Index (CCI) at -19.99 further confirm a 0.15 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, NVD is trading below its 60-day moving average of $6.71 and below its 200-day long-term moving average of $8.12. Key price levels to watch include the immediate resistance at $5.95 and strong support at $4.85. A break above $5.95 could signal a bull continuation, while falling below $4.85 may test the next Fibonacci floor at $4.28.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 3.75 | 4.28 | 4.85 | 5.38 | 5.95 | 6.47 | 7.04 |
| Fibonacci | 4.28 | 4.7 | 4.96 | 5.38 | 5.79 | 6.05 | 6.47 |
2026-05-04
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 44.53 |
| Stochastic Oscillator | 61.94 |
| Stochastic RSI | 41.88 |
| Commodity Channel Index (CCI) | -19.99 |
| Awesome Oscillator | -1.21 |
| Momentum | 0.15 |
| MACD | -0.42 |
2026-05-04
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 5.43 | Buy |
| 10-Day | 5.42 | Buy |
| 20-Day | 5.83 | Sell |
| 60-Day | 6.71 | Sell |
| 200-Day | 8.12 | Sell |
| 250-Day | 9.67 | Sell |