NVIDIA CORP. - Daily - Technical analysis published on 01/19/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
One daily analysis for free from 
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 157.63 USD
My targets
171.10 USD (+2.06%)
180.79 USD (+7.84%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on NVIDIA CORP.. This is a positive signal for buyers. As long as the price remains above 157.63 USD, a purchase could be considered. The first bullish objective is located at 171.10 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 180.79 USD as an objective. Crossing it would then enable buyers to target 192.03 USD. In the event of a return below 157.63 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.8
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Additional analysis
Quotes
NVIDIA CORP. rating 167.65 USD. The price registered a decrease of -3.52% on the session and was traded between 167.31 USD and 171.97 USD over the period. The price is currently at +0.20% from its lowest and -2.51% from its highest.167.31
171.97
167.65
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NVIDIA CORP.:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of NVIDIA CORP. in Daily shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 14 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
Horizontal support is broken
Type : Bearish
Timeframe : Daily
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Downside gap
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 115.71 | 132.08 | 144.72 | 167.65 | 171.10 | 180.79 | 192.03 |
| Change (%) | -30.98% | -21.22% | -13.68% | - | +2.06% | +7.84% | +14.54% |
| Change | -51.94 | -35.57 | -22.93 | - | +3.45 | +13.14 | +24.38 |
| Level | Major | Minor | Major | - | Major | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 161.32 | 164.32 | 165.98 | 168.98 | 170.64 | 173.64 | 175.30 |
| Camarilla | 166.37 | 166.80 | 167.22 | 167.65 | 168.08 | 168.50 | 168.93 |
| Woodie | 160.66 | 163.99 | 165.32 | 168.65 | 169.98 | 173.31 | 174.64 |
| Fibonacci | 164.32 | 166.10 | 167.20 | 168.98 | 170.76 | 171.86 | 173.64 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 139.38 | 145.40 | 157.19 | 163.21 | 175.00 | 181.02 | 192.81 |
| Camarilla | 164.09 | 165.73 | 167.36 | 168.99 | 170.62 | 172.26 | 173.89 |
| Woodie | 142.28 | 146.84 | 160.09 | 164.65 | 177.90 | 182.46 | 195.71 |
| Fibonacci | 145.40 | 152.20 | 156.40 | 163.21 | 170.01 | 174.21 | 181.02 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 78.29 | 108.57 | 127.35 | 157.63 | 176.41 | 206.69 | 225.47 |
| Camarilla | 132.65 | 137.15 | 141.64 | 146.14 | 150.64 | 155.13 | 159.63 |
| Woodie | 72.55 | 105.70 | 121.61 | 154.76 | 170.67 | 203.82 | 219.73 |
| Fibonacci | 108.57 | 127.31 | 138.89 | 157.63 | 176.37 | 187.95 | 206.69 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 56.65 | |
| MACD (12,26,9): | 3.3700 | |
| Directional Movement: | 15.51 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 164.05 | |
| Parabolic SAR (0,02-0,02-0,2): | 148.92 | |
| Elder Ray (13): | 6.95 | |
| Super Trend (3,10): | 153.16 | |
| Zig ZAG (10): | 167.65 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 86.01 | |
| TEMA (21): | 166.11 | |
| Williams %R (14): | -28.86 | |
| Chande Momentum Oscillator (20): | 21.51 | |
| Repulse (5,40,3): | 1.6600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 23.38 |
| MA7: | 167.38 | |
| MA20: | 155.74 | |
| MA50: | 159.72 | |
| MA100: | 145.39 | |
| MAexp7: | 166.77 | |
| MAexp20: | 160.75 | |
| MAexp50: | 156.69 | |
| MAexp100: | 156.88 | |
| Price / MA7: | +0.16% | |
| Price / MA20: | +7.65% | |
| Price / MA50: | +4.96% | |
| Price / MA100: | +15.31% | |
| Price / MAexp7: | +0.53% | |
| Price / MAexp20: | +4.29% | |
| Price / MAexp50: | +6.99% | |
| Price / MAexp100: | +6.87% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on NVIDIA CORP. at the time of the generation of this analysis was as follows:
- Thinking about trading options or stock in Exact Sciences, Futu Holdings, Tesla, Five Below, or NVIDIA?
- Newegg Now Offering NVIDIA GeForce RTX 4070 Ti Graphics Cards
- NVIDIA GeForce NOW Streams Vast Library of AAA Games to Cars
- Foxconn Partners With NVIDIA to Build Automated Electric Vehicles
- NVIDIA Ada Lovelace Breaks Energy-Efficiency Barrier, Supercharges 170+ Laptop Designs for Gamers and Creators
This member declared not having a position on this financial instrument or a related financial instrument.
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