NVIDIA CORP. - 1H - Technical analysis published on 12/31/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 137.85 USD
My targets
131.78 USD (-2.95%)
129.44 USD (-4.68%)
My analysis
In the short term, we can see an acceleration in the bearish trend on NVIDIA CORP., which is a positive signal for sellers. As long as the price remains above 137.85 USD, a sale could be considered. The first bearish objective is located at 131.78 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 129.44 USD as an objective. Crossing it would then enable sellers to target 118.45 USD. If the price were to return above 137.85 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.5
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This analysis was given by Qaisali123. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NVIDIA CORP. rating is 135.79 USD. The price is lower by -1.24% since the last closing with the lowest point at 134.93 USD and the highest point at 138.07 USD. The deviation from the price is +0.64% for the low point and -1.65% for the high point.134.93
138.07
135.79
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
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:
Technical
Technical analysis of this 1H chart of NVIDIA CORP. indicates that the overall trend is bearish. 64.29% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
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 support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 129.44 | 131.78 | 135.57 | 135.79 | 137.85 | 141.88 | 146.54 |
| Change (%) | -4.68% | -2.95% | -0.16% | - | +1.52% | +4.48% | +7.92% |
| Change | -6.35 | -4.01 | -0.22 | - | +2.06 | +6.09 | +10.75 |
| Level | Major | Intermediate | Major | - | Minor | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 128.00 | 131.01 | 134.25 | 137.26 | 140.50 | 143.51 | 146.75 |
| Camarilla | 135.77 | 136.34 | 136.92 | 137.49 | 138.06 | 138.64 | 139.21 |
| Woodie | 128.12 | 131.07 | 134.37 | 137.32 | 140.62 | 143.57 | 146.87 |
| Fibonacci | 131.01 | 133.40 | 134.87 | 137.26 | 139.65 | 141.12 | 143.51 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 126.66 | 130.68 | 133.85 | 137.87 | 141.04 | 145.06 | 148.23 |
| Camarilla | 135.03 | 135.69 | 136.35 | 137.01 | 137.67 | 138.33 | 138.99 |
| Woodie | 126.23 | 130.47 | 133.42 | 137.66 | 140.61 | 144.85 | 147.80 |
| Fibonacci | 130.68 | 133.43 | 135.13 | 137.87 | 140.62 | 142.32 | 145.06 |
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): | 37.35 | |
| MACD (12,26,9): | -0.1500 | |
| Directional Movement: | -19.93 | |
| AROON (14): | 28.58 | |
| DEMA (21): | 137.61 | |
| Parabolic SAR (0,02-0,02-0,2): | 140.27 | |
| Elder Ray (13): | -1.68 | |
| Super Trend (3,10): | 140.18 | |
| Zig ZAG (10): | 135.21 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 35.92 | |
| TEMA (21): | 136.92 | |
| Williams %R (14): | -80.00 | |
| Chande Momentum Oscillator (20): | -1.40 | |
| Repulse (5,40,3): | -1.9900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.11 |
| MA7: | 137.78 | |
| MA20: | 137.19 | |
| MA50: | 139.91 | |
| MA100: | 130.75 | |
| MAexp7: | 137.13 | |
| MAexp20: | 137.61 | |
| MAexp50: | 137.13 | |
| MAexp100: | 137.16 | |
| Price / MA7: | -1.44% | |
| Price / MA20: | -1.02% | |
| Price / MA50: | -2.94% | |
| Price / MA100: | +3.85% | |
| Price / MAexp7: | -0.96% | |
| Price / MAexp20: | -1.30% | |
| Price / MAexp50: | -0.96% | |
| Price / MAexp100: | -0.98% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on NVIDIA CORP. at the time of the analysis were as follows:
-
nvidia (NVDA) Daily Forecast & Technical Analysis for FXEmpire (12/30) #NVDA#nvidia #trading
-
Missed Nvidia? Think Again Today
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Wall Street veteran warns of Nvidia slowdown in 2025
- Quantum Announces Support for NVIDIA GPUDirect Storage with Myriad All-Flash File System
-
Nvidia faces mounting headwinds going into 2025
This member declared not having a position on this financial instrument or a related financial instrument.
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