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

NVIDIA CORP. - 15 min. - Technical analysis published on 04/23/2024 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bearish
Technical indicators
83%
6%
11%
My opinion
Bullish above 786.64 USD
My targets
823.37 USD (+0.53%)
846.00 USD (+3.30%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for NVIDIA CORP. as long as the price remains well above 786.64 USD. The buyers' bullish objective is set at 823.37 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 846.00 USD. If there is any crossing, the next objective would be the resistance located at 854.94 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 823.37 USD. On this resistance, against the trend traders who would like to go short on NVIDIA CORP. with a bearish signal from their trading strategy, should not hesitate to act.

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
3.2

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
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1H Daily Weekly

Additional analysis

Quotes

NVIDIA CORP. rating 819.00 USD. On the day, this instrument gained +3.00% and was between 802.64 USD and 819.43 USD. This implies that the price is at +2.04% from its lowest and at -0.05% from its highest.

802.64
819.43
819.00

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by NVIDIA CORP.:

Technical


Technical analysis of this 15 min. chart of NVIDIA CORP. indicates that the overall trend is slightly bearish. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 15 minutes



The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 15 minutes


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 15 minutes



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 674.68 756.06 776.58 819.00 830.22 854.94 906.73
Change (%) -17.62% -7.68% -5.18% - +1.37% +4.39% +10.71%
Change -144.32 -62.94 -42.42 - +11.22 +35.94 +87.73
Level Minor Intermediate 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
Standard735.81749.91772.54786.64809.27823.37846.00
Camarilla785.08788.45791.81795.18798.55801.91805.28
Woodie740.09752.04776.82788.77813.55825.50850.28
Fibonacci749.91763.94772.61786.64800.67809.34823.37


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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 68.28
MACD (12,26,9): 3.6700
Directional Movement: 10.53
AROON (14): 100.00
DEMA (21): 797.79
Parabolic SAR (0,02-0,02-0,2): 790.55
Elder Ray (13): 12.58
Super Trend (3,10): 787.19
Zig ZAG (10): 812.62
VORTEX (21): 1.2000
Stochastique (14,3,5): 83.29
TEMA (21): 806.23
Williams %R (14): -11.24
Chande Momentum Oscillator (20): 15.10
Repulse (5,40,3): 0.5300
ROCnROLL: 1
TRIX (15,9): 0.0300
Courbe Coppock: 3.73
MA7: 827.93
MA20: 866.58
MA50: 844.24
MA100: 693.74
MAexp7: 803.43
MAexp20: 795.47
MAexp50: 800.04
MAexp100: 816.14
Price / MA7: -1.08%
Price / MA20: -5.49%
Price / MA50: -2.99%
Price / MA100: +18.06%
Price / MAexp7: +1.93%
Price / MAexp20: +2.95%
Price / MAexp50: +2.36%
Price / MAexp100: +0.34%

Quotes : - 15 min delayed data - 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:

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

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Londinia
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