NVIDIA CORP. - 15 min. - Technical analysis published on 04/22/2024 (GMT)
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- Timeframe : 15 min.
- - 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:
Neutral
Underlying:
Bearish
Technical indicators
56%
11%
33%
My opinion
Bearish under 818.14 USD
My targets
730.96 USD (-7.07%)
699.92 USD (-11.02%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on NVIDIA CORP.. As long as you are under the resistance located at 818.14 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 730.96 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 699.92 USD as an objective. Crossing it would then enable sellers to target 643.78 USD. If the resistance 818.14 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
2.5
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This analysis was given by nfkhamis. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NVIDIA CORP. rating 786.57 USD. The price has increased by +3.22% since the last closing and was between 764.00 USD and 796.39 USD. This implies that the price is at +2.95% from its lowest and at -1.23% from its highest.764.00
796.39
786.57
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.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of NVIDIA CORP. indicates that the overall trend is bearish. The signals given by moving averages are 78.57% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
Near resistance of channel
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 504.01 | 674.68 | 776.58 | 786.57 | 830.22 | 854.94 | 906.73 |
| Change (%) | -35.92% | -14.23% | -1.27% | - | +5.55% | +8.69% | +15.28% |
| Change | -282.56 | -111.89 | -9.99 | - | +43.65 | +68.37 | +120.16 |
| Level | Major | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 643.78 | 699.92 | 730.96 | 787.10 | 818.14 | 874.28 | 905.32 |
| Camarilla | 738.03 | 746.02 | 754.01 | 762.00 | 769.99 | 777.98 | 785.98 |
| Woodie | 631.23 | 693.65 | 718.41 | 780.83 | 805.59 | 868.01 | 892.77 |
| Fibonacci | 699.92 | 733.22 | 753.80 | 787.10 | 820.40 | 840.98 | 874.28 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 559.93 | 657.99 | 710.00 | 808.06 | 860.07 | 958.13 | 1,010.14 |
| Camarilla | 720.73 | 734.49 | 748.24 | 762.00 | 775.76 | 789.51 | 803.27 |
| Woodie | 536.90 | 646.48 | 686.97 | 796.55 | 837.04 | 946.62 | 987.11 |
| Fibonacci | 657.99 | 715.32 | 750.74 | 808.06 | 865.39 | 900.81 | 958.13 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 627.54 | 710.92 | 807.24 | 890.62 | 986.94 | 1,070.32 | 1,166.64 |
| Camarilla | 854.14 | 870.62 | 887.09 | 903.56 | 920.03 | 936.51 | 952.98 |
| Woodie | 634.01 | 714.16 | 813.71 | 893.86 | 993.41 | 1,073.56 | 1,173.11 |
| Fibonacci | 710.92 | 779.57 | 821.98 | 890.62 | 959.27 | 1,001.68 | 1,070.32 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 47.00 | |
| MACD (12,26,9): | -5.0600 | |
| Directional Movement: | -9.60 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 775.58 | |
| Parabolic SAR (0,02-0,02-0,2): | 771.68 | |
| Elder Ray (13): | 2.13 | |
| Super Trend (3,10): | 791.28 | |
| Zig ZAG (10): | 783.87 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 68.57 | |
| TEMA (21): | 781.34 | |
| Williams %R (14): | -34.24 | |
| Chande Momentum Oscillator (20): | -0.63 | |
| Repulse (5,40,3): | 0.4900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1600 | |
| Courbe Coppock: | 2.50 |
| MA7: | 835.92 | |
| MA20: | 872.95 | |
| MA50: | 842.21 | |
| MA100: | 690.29 | |
| MAexp7: | 783.83 | |
| MAexp20: | 784.46 | |
| MAexp50: | 801.55 | |
| MAexp100: | 822.08 | |
| Price / MA7: | -5.90% | |
| Price / MA20: | -9.90% | |
| Price / MA50: | -6.61% | |
| Price / MA100: | +13.95% | |
| Price / MAexp7: | +0.35% | |
| Price / MAexp20: | +0.27% | |
| Price / MAexp50: | -1.87% | |
| Price / MAexp100: | -4.32% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on NVIDIA CORP.. At the time of publication of this analysis, the latest news was as follows:
- Akamai Rolls Out Cloud Infrastructure and Services Powered by NVIDIA, Optimized for Video Processing
-
‘Nvidia is like Ford in the automotive revolution’ - Stoltzfus
- Monogram Accepted to NVIDIA Inception Program
- VyOS Networks Joins NVIDIA Inception
- "MEDICAL IP, Unveiling of Digital Twin Simulation Platform at NVIDIA GTC 2024…" Jensen Huang emphasizes Omniverse Platform in his keynote
This member declared not having a position on this financial instrument or a related financial instrument.
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