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 04/22/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

33%

50%

17%

My opinion

Bearish under 830.22 USD

My targets

776.58 USD (-2.31%)

710.00 USD (-10.69%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NVIDIA CORP. as long as the price remains well below 830.22 USD. The sellers' bearish objective is set at 776.58 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 710.00 USD. In case of crossing, the next objective would be the support located at 674.68 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

6.6

Comment on the analysis

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NVIDIA CORP. price is 794.97 USD. The price registered an increase of +4.33% on the session and was between 764.00 USD and 796.88 USD. This implies that the price is at +4.05% from its lowest and at -0.24% from its highest.

764.00

796.88

794.97

The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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:

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this NVIDIA CORP. chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	504.01	674.68	776.58	794.97	830.22	854.94	906.73
Change (%)	-36.60%	-15.13%	-2.31%	-	+4.43%	+7.54%	+14.06%
Change	-290.96	-120.29	-18.39	-	+35.25	+59.97	+111.76
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
Standard	643.78	699.92	730.96	787.10	818.14	874.28	905.32
Camarilla	738.03	746.02	754.01	762.00	769.99	777.98	785.98
Woodie	631.23	693.65	718.41	780.83	805.59	868.01	892.77
Fibonacci	699.92	733.22	753.80	787.10	820.40	840.98	874.28

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	559.93	657.99	710.00	808.06	860.07	958.13	1,010.14
Camarilla	720.73	734.49	748.24	762.00	775.76	789.51	803.27
Woodie	536.90	646.48	686.97	796.55	837.04	946.62	987.11
Fibonacci	657.99	715.32	750.74	808.06	865.39	900.81	958.13

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	627.54	710.92	807.24	890.62	986.94	1,070.32	1,166.64
Camarilla	854.14	870.62	887.09	903.56	920.03	936.51	952.98
Woodie	634.01	714.16	813.71	893.86	993.41	1,073.56	1,173.11
Fibonacci	710.92	779.57	821.98	890.62	959.27	1,001.68	1,070.32

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):	38.17
MACD (12,26,9):	-21.2100
Directional Movement:	-17.31
AROON (14):	-64.29
DEMA (21):	783.75
Parabolic SAR (0,02-0,02-0,2):	756.06
Elder Ray (13):	-8.81
Super Trend (3,10):	815.35
Zig ZAG (10):	791.83
VORTEX (21):	0.7800
Stochastique (14,3,5):	33.24
TEMA (21):	774.37
Williams %R (14):	-59.91
Chande Momentum Oscillator (20):	-52.40
Repulse (5,40,3):	1.7200
ROCnROLL:	2
TRIX (15,9):	-0.3400
Courbe Coppock:	14.76

MA7:	837.07
MA20:	873.34
MA50:	842.37
MA100:	690.38
MAexp7:	789.74
MAexp20:	810.69
MAexp50:	839.02
MAexp100:	858.38
Price / MA7:	-5.03%
Price / MA20:	-8.97%
Price / MA50:	-5.63%
Price / MA100:	+15.15%
Price / MAexp7:	+0.66%
Price / MAexp20:	-1.94%
Price / MAexp50:	-5.25%
Price / MAexp100:	-7.39%

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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