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

NVIDIA CORP. - 15 min. - Technical analysis published on 04/22/2024 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
56%
11%
33%
My opinion
Bearish under 818.14 USD
My targets
787.10 USD (-0.28%)
730.96 USD (-7.39%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 818.14 USD remains possible. It is advisable to trade NVIDIA CORP. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 818.14 USD. The next bearish objective for sellers is set at 787.10 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 730.96 USD. In case of crossing, the next objective would be the support located at 699.92 USD. PS: if there is a bullish break in the resistance located at 818.14 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
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:
1H Daily Weekly

Additional analysis

Quotes

NVIDIA CORP. rating 789.30 USD. The price has increased by +3.58% since the last closing with the lowest point at 764.00 USD and the highest point at 796.39 USD. The deviation from the price is +3.31% for the low point and -0.89% for the high point.

764.00
796.39
789.30

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.

Central Gaps

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:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

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. 78.57% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a moderate bullish signal.
The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Aroon indicator bearish trend

Type : Bearish

Timeframe : 15 minutes



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 15 minutes


Near resistance of channel

Type : Bearish

Timeframe : 15 minutes



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 504.01 674.68 776.58 789.30 830.22 854.94 906.73
Change (%) -36.14% -14.52% -1.61% - +5.18% +8.32% +14.88%
Change -285.29 -114.62 -12.72 - +40.92 +65.64 +117.43
Level Major Minor Minor - 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
Standard643.78699.92730.96787.10818.14874.28905.32
Camarilla738.03746.02754.01762.00769.99777.98785.98
Woodie631.23693.65718.41780.83805.59868.01892.77
Fibonacci699.92733.22753.80787.10820.40840.98874.28


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 are the details of the technical indicators and moving averages that were collected to generate 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: 835.94
MA20: 873.05
MA50: 842.24
MA100: 690.31
MAexp7: 783.83
MAexp20: 784.46
MAexp50: 801.55
MAexp100: 822.08
Price / MA7: -5.58%
Price / MA20: -9.59%
Price / MA50: -6.29%
Price / MA100: +14.34%
Price / MAexp7: +0.70%
Price / MAexp20: +0.62%
Price / MAexp50: -1.53%
Price / MAexp100: -3.99%

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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