Will nvdq ever rise

**The T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ) is not likely to experience a rise in its stock price in the near future.** Here's why: 1. **Recent Performance**: NVDQ has shown a negative trend with a 1-week percentage change of -13.2% as of August 30, 2024. This indicates a recent decline in the ETF's value. 2. **Short-term Trend Forecast**: There is no short-term trend forecast available for NVDQ, which makes it difficult to predict its future performance. 3. **Moving Averages**: The 5-day and 10-day moving averages for NVDQ are not available, which could be indicative of the ETF's recent volatility. 4. **Market Sentiment**: The sentiment around NVDQ appears bearish, with a high beta indicating increased volatility compared to the broader market. This suggests that the ETF may continue to decline. 5. **Technical Indicators**: NVDQ's technical indicators, such as the Relative Strength Index (RSI), are not currently available. However, the absence of positive technical indicators, such as a golden cross or a bullish signal, could imply a lack of upward momentum. 6. **Fundamentals**: NVDQ is designed to provide inverse exposure to the daily performance of NVDA. If NVDA continues to face challenges or market volatility, NVDQ could be negatively impacted. In conclusion, without specific forecast data or positive indicators, it appears that NVDQ may not experience a rise in the near future. Investors should exercise caution and consider these factors when evaluating NVDQ's potential for growth.