NVD GraniteShares 2x Short NVDA Daily ETF
GraniteShares 2x Short NVDA Daily ETF (NVD) trend channel, buy level and 3-month target on Trade The Path. Sector: Financial Services. Listed on NASDAQ. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. If this ticker has no settled sample yet, treat the numbers as a geometric read, not a track record. Information only, not financial advice.
In the sell zone (provisional)
Price has run up to the upper trend line — the level it has repeatedly stalled at.
Read from the last 9 months of history we hold: falling, drifting −62% a year. Price is above both fitted ceilings, so there is no line overhead to break — and no fitted resistance to price the target against either. What would overturn this: a close below US$3.38 — the floor of the channel being read — after which the trend, not the entry, is what was wrong.
- 9 months read from
- US$3.38 – US$4.13 Falling channel, −62% a year
- Position in that channel
- 103% above the ceiling of it — 0% is the floor, 100% the ceiling
Provisional: fitted to a short history, so treat the lines as a first read rather than a projection. No trade is suggested and alerts stay off until there is more data.
Price history, with the path projected 3 months forward
- Daily close
- Upper trend line (9 months)
- Lower trend line (9 months)
- Dashed after today: projected 3 months
- Our buy
- Our target
Our target
The lines above are fitted to a short history, which is not a base we will project a published call from. The buy and target below are still this site's read of those lines.
Buy at or below
US$2.76
level as at 17 Sept 2026
Our target
US$3.35
by 16 Dec 2026
Projected move
21.7%
gross, before costs
Price is at or through our target.
- Upper line touches
- 4
- Lower line touches
- 5
- Fit confidence
- 28%
- Fitted
- 11 Sept 2026
About GraniteShares 2x Short NVDA Daily ETF
This Fund aims to deliver daily investment outcomes, before accounting for its operational costs and fees, that are double the inverse daily percentage movement of NVIDIA Corporation's (NASDAQ: NVDA) common stock. It is important to note that the Fund cannot guarantee it will consistently achieve this stated daily objective. Investors should also be aware that, due to the daily resetting of its leveraged position, the Fund is not designed to replicate negative two times NVIDIA's cumulative performance over periods extending beyond a single trading day.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Country
- US
Scorecard
Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings — that data is licensed and we do not redistribute it.
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$46.55M
- Enterprise value
- —
- Beta
- -3.06
- Avg volume
- 73.62M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 3.46-11.08
- Exchange
- NASDAQ
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.