NVIDIA CORP.
NVIDIA CORP.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
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Type: Stocks
Ticker: NVDA
ISIN:

NVIDIA CORP. - 1H - Technical analysis published on 10/23/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
11%
33%
56%
My opinion
Bullish above 135.57 USD
My targets
144.42 USD (+2.36%)
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 above the support located at 135.57 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 144.42 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. If the support 135.57 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
2.5

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.

This analysis was given by althani. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

NVIDIA CORP. rating 141.09 USD. The price is lower by -1.74% since the last closing with the lowest point at 138.26 USD and the highest point at 142.43 USD. The deviation from the price is +2.05% for the low point and -0.94% for the high point.

138.26
142.43
141.09

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by NVIDIA CORP.:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


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 1H shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

On the 18 technical indicators analysed, 2 are bullish, 10 are neutral and 6 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



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

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Bullish harami cross

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 127.65 135.57 140.89 141.09 144.42
Change (%) -9.53% -3.91% -0.14% - +2.36%
Change -13.44 -5.52 -0.20 - +3.33
Level Intermediate Major 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
Standard139.47140.62142.11143.26144.75145.90147.39
Camarilla142.86143.11143.35143.59143.83144.07144.32
Woodie139.63140.71142.27143.35144.91145.99147.55
Fibonacci140.62141.63142.26143.26144.27144.90145.90


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard118.71123.73130.86135.88143.01148.03155.16
Camarilla134.66135.77136.89138.00139.11140.23141.34
Woodie119.78124.26131.93136.41144.08148.56156.23
Fibonacci123.73128.37131.24135.88140.52143.39148.03


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard78.9789.95105.70116.68132.43143.41159.16
Camarilla114.09116.54118.99121.44123.89126.34128.79
Woodie81.3591.14108.08117.87134.81144.60161.54
Fibonacci89.95100.16106.47116.68126.89133.20143.41

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): 47.11
MACD (12,26,9): 1.1900
Directional Movement: -7.71
AROON (14): -50.00
DEMA (21): 143.11
Parabolic SAR (0,02-0,02-0,2): 144.08
Elder Ray (13): -2.27
Super Trend (3,10): 139.52
Zig ZAG (10): 140.11
VORTEX (21): 1.0400
Stochastique (14,3,5): 46.59
TEMA (21): 142.98
Williams %R (14): -67.50
Chande Momentum Oscillator (20): -0.96
Repulse (5,40,3): -0.1600
ROCnROLL: -1
TRIX (15,9): 0.1700
Courbe Coppock: 3.80
MA7: 138.54
MA20: 131.04
MA50: 123.53
MA100: 121.80
MAexp7: 142.00
MAexp20: 141.33
MAexp50: 138.57
MAexp100: 134.34
Price / MA7: +1.84%
Price / MA20: +7.67%
Price / MA50: +14.22%
Price / MA100: +15.84%
Price / MAexp7: -0.64%
Price / MAexp20: -0.17%
Price / MAexp50: +1.82%
Price / MAexp100: +5.02%

Quotes : - 15 min delayed data - NASDAQ Stocks

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

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