NVIDIA CORP. - Daily - Technical analysis published on 12/25/2024 (GMT)
- 96
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : IN PROGRESS...
Only Londinia subscribers can view the key levels of this analysis. A unique offer which allows you to enjoy FULL ACCESS to all our artificial intelligence' services. Discover Londinia...
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above
My targets
()
My analysis
NVIDIA CORP. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above . The next resistance located at is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7
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 gioviforex. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NVIDIA CORP. rating 140.35 USD. On the day, this instrument gained +0.49% with the lowest point at 138.65 USD and the highest point at 141.90 USD. The deviation from the price is +1.23% for the low point and -1.09% for the high point.138.65
141.90
140.35
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of NVIDIA CORP. indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
In fact, 10 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
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 resistance of channel
Type : Bearish
Timeframe : Daily
Near horizontal support
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 98.90 | 118.45 | 135.57 | 140.35 | 148.88 |
| Change (%) | -29.53% | -15.60% | -3.41% | - | +6.08% |
| Change | -41.45 | -21.90 | -4.78 | - | +8.53 |
| Level | Major | Minor | Major | - | Major |
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 | 135.36 | 137.01 | 138.61 | 140.26 | 141.86 | 143.51 | 145.11 |
| Camarilla | 139.33 | 139.62 | 139.92 | 140.22 | 140.52 | 140.82 | 141.11 |
| Woodie | 135.35 | 137.00 | 138.60 | 140.25 | 141.85 | 143.50 | 145.10 |
| Fibonacci | 137.01 | 138.25 | 139.02 | 140.26 | 141.50 | 142.27 | 143.51 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 118.97 | 122.91 | 128.81 | 132.75 | 138.65 | 142.59 | 148.49 |
| Camarilla | 131.99 | 132.90 | 133.80 | 134.70 | 135.60 | 136.50 | 137.41 |
| Woodie | 119.94 | 123.40 | 129.78 | 133.24 | 139.62 | 143.08 | 149.46 |
| Fibonacci | 122.91 | 126.67 | 128.99 | 132.75 | 136.51 | 138.83 | 142.59 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 107.98 | 119.89 | 129.07 | 140.98 | 150.16 | 162.07 | 171.25 |
| Camarilla | 132.45 | 134.38 | 136.32 | 138.25 | 140.18 | 142.12 | 144.05 |
| Woodie | 106.62 | 119.21 | 127.71 | 140.30 | 148.80 | 161.39 | 169.89 |
| Fibonacci | 119.89 | 127.95 | 132.92 | 140.98 | 149.04 | 154.01 | 162.07 |
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): | 54.12 | |
| MACD (12,26,9): | -1.1600 | |
| Directional Movement: | 2.18 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 135.63 | |
| Parabolic SAR (0,02-0,02-0,2): | 126.86 | |
| Elder Ray (13): | 3.95 | |
| Super Trend (3,10): | 144.19 | |
| Zig ZAG (10): | 140.22 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 57.59 | |
| TEMA (21): | 133.88 | |
| Williams %R (14): | -32.11 | |
| Chande Momentum Oscillator (20): | -2.22 | |
| Repulse (5,40,3): | 3.0400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1500 | |
| Courbe Coppock: | 7.75 |
| MA7: | 133.79 | |
| MA20: | 137.17 | |
| MA50: | 139.76 | |
| MA100: | 129.34 | |
| MAexp7: | 136.17 | |
| MAexp20: | 137.04 | |
| MAexp50: | 136.34 | |
| MAexp100: | 130.19 | |
| Price / MA7: | +4.90% | |
| Price / MA20: | +2.32% | |
| Price / MA50: | +0.42% | |
| Price / MA100: | +8.51% | |
| Price / MAexp7: | +3.07% | |
| Price / MAexp20: | +2.42% | |
| Price / MAexp50: | +2.94% | |
| Price / MAexp100: | +7.80% |
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:
- Quantum Announces Support for NVIDIA GPUDirect Storage with Myriad All-Flash File System
-
Nvidia faces mounting headwinds going into 2025
- Alpha and Omega Semiconductor Unveils World’s First NVIDIA OVR4-22 Multiphase PWM Controller Powering AI Server and Graphic Cards
-
Why have NVIDIA shares fallen?
-
China’s Nvidia probe escalates chip war with U.S.
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis NVIDIA CORP. - Daily