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NVIDIA CORP.
NVIDIA CORP.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
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High / Low range: -
Type: Stocks
Ticker: NVDA
ISIN:

NVIDIA CORP. - Daily - Technical analysis published on 04/22/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bullish
Technical indicators
17%
72%
11%
My opinion
Bearish under 854.94 USD
My targets
776.58 USD (-1.68%)
674.68 USD (-14.58%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for NVIDIA CORP. as long as the price remains well below 854.94 USD. The next bearish objective for sellers is set at 776.58 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 674.68 USD. In case of crossing, the next objective would be the support located at 504.01 USD. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 776.58 USD. With this support, against the trend traders who want to buy NVIDIA CORP. on a buy signal from their trading strategy should not hesitate to act.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
2.1

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

nfkhamis
This analysis was given by nfkhamis. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The NVIDIA CORP. price is 789.84 USD. The price has increased by +3.65% since the last closing and was traded between 764.00 USD and 796.39 USD over the period. The price is currently at +3.38% from its lowest and -0.82% from its highest.

764.00
796.39
789.84

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this NVIDIA CORP. chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : Daily



In fact, 13 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 504.01 674.68 776.58 789.84 854.94 950.02
Change (%) -36.19% -14.58% -1.68% - +8.24% +20.28%
Change -285.83 -115.16 -13.26 - +65.10 +160.18
Level Major Minor Minor - Intermediate Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard643.78699.92730.96787.10818.14874.28905.32
Camarilla738.03746.02754.01762.00769.99777.98785.98
Woodie631.23693.65718.41780.83805.59868.01892.77
Fibonacci699.92733.22753.80787.10820.40840.98874.28


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard559.93657.99710.00808.06860.07958.131,010.14
Camarilla720.73734.49748.24762.00775.76789.51803.27
Woodie536.90646.48686.97796.55837.04946.62987.11
Fibonacci657.99715.32750.74808.06865.39900.81958.13


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard627.54710.92807.24890.62986.941,070.321,166.64
Camarilla854.14870.62887.09903.56920.03936.51952.98
Woodie634.01714.16813.71893.86993.411,073.561,173.11
Fibonacci710.92779.57821.98890.62959.271,001.681,070.32

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 39.03
MACD (12,26,9): -10.7600
Directional Movement: -15.94
AROON (14): -42.86
DEMA (21): 849.84
Parabolic SAR (0,02-0,02-0,2): 909.10
Elder Ray (13): -65.05
Super Trend (3,10): 902.54
Zig ZAG (10): 786.73
VORTEX (21): 0.8000
Stochastique (14,3,5): 15.82
TEMA (21): 811.45
Williams %R (14): -79.63
Chande Momentum Oscillator (20): -71.85
Repulse (5,40,3): -8.9200
ROCnROLL: 2
TRIX (15,9): 0.0800
Courbe Coppock: 15.54
MA7: 835.94
MA20: 873.05
MA50: 842.24
MA100: 690.31
MAexp7: 824.43
MAexp20: 854.11
MAexp50: 817.94
MAexp100: 727.37
Price / MA7: -5.51%
Price / MA20: -9.53%
Price / MA50: -6.22%
Price / MA100: +14.42%
Price / MAexp7: -4.20%
Price / MAexp20: -7.52%
Price / MAexp50: -3.44%
Price / MAexp100: +8.59%

Quotes : - 15 min delayed data - NASDAQ Stocks

News


The last news published on NVIDIA CORP. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

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