NVIDIA CORP. - Daily - Technical analysis published on 07/21/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 370.64 USD
My targets
434.35 USD (+3.31%)
My analysis
The bullish trend is currently very strong on NVIDIA CORP.. As long as the price remains above the support at 370.64 USD, you could try to benefit from the boom. The first bullish objective is located at 434.35 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
8.4
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Additional analysis
Quotes
The NVIDIA CORP. rating is 420.43 USD. On the day, this instrument gained +3.03% with the lowest point at 406.27 USD and the highest point at 421.25 USD. The deviation from the price is +3.49% for the low point and -0.19% for the high point.406.27
421.25
420.43
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead 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 (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
A technical analysis in Daily of this NVIDIA CORP. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 289.36 | 314.70 | 420.36 | 420.43 |
| Change (%) | -31.18% | -25.15% | -0.02% | - |
| Change | -131.07 | -105.73 | -0.07 | - |
| Level | Major | 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 | 397.97 | 400.74 | 404.40 | 407.17 | 410.83 | 413.60 | 417.26 |
| Camarilla | 406.29 | 406.88 | 407.47 | 408.06 | 408.65 | 409.24 | 409.83 |
| Woodie | 398.42 | 400.96 | 404.85 | 407.39 | 411.28 | 413.82 | 417.71 |
| Fibonacci | 400.74 | 403.20 | 404.71 | 407.17 | 409.63 | 411.14 | 413.60 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 348.82 | 370.12 | 389.09 | 410.39 | 429.36 | 450.66 | 469.63 |
| Camarilla | 396.99 | 400.68 | 404.37 | 408.06 | 411.75 | 415.44 | 419.13 |
| Woodie | 347.66 | 369.54 | 387.93 | 409.81 | 428.20 | 450.08 | 468.47 |
| Fibonacci | 370.12 | 385.50 | 395.01 | 410.39 | 425.77 | 435.28 | 450.66 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 316.21 | 331.26 | 355.59 | 370.64 | 394.97 | 410.02 | 434.35 |
| Camarilla | 369.08 | 372.69 | 376.30 | 379.91 | 383.52 | 387.13 | 390.74 |
| Woodie | 320.84 | 333.58 | 360.22 | 372.96 | 399.60 | 412.34 | 438.98 |
| Fibonacci | 331.26 | 346.31 | 355.60 | 370.64 | 385.69 | 394.98 | 410.02 |
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): | 65.86 | |
| MACD (12,26,9): | 15.0400 | |
| Directional Movement: | 10.37 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 416.22 | |
| Parabolic SAR (0,02-0,02-0,2): | 429.32 | |
| Elder Ray (13): | 10.01 | |
| Super Trend (3,10): | 384.32 | |
| Zig ZAG (10): | 420.43 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 71.86 | |
| TEMA (21): | 417.47 | |
| Williams %R (14): | -18.45 | |
| Chande Momentum Oscillator (20): | 39.23 | |
| Repulse (5,40,3): | 4.3400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5700 | |
| Courbe Coppock: | 19.87 |
| MA7: | 411.33 | |
| MA20: | 394.23 | |
| MA50: | 367.22 | |
| MA100: | 315.29 | |
| MAexp7: | 410.26 | |
| MAexp20: | 396.11 | |
| MAexp50: | 366.81 | |
| MAexp100: | 330.88 | |
| Price / MA7: | +2.21% | |
| Price / MA20: | +6.65% | |
| Price / MA50: | +14.49% | |
| Price / MA100: | +33.35% | |
| Price / MAexp7: | +2.48% | |
| Price / MAexp20: | +6.14% | |
| Price / MAexp50: | +14.62% | |
| Price / MAexp100: | +27.06% |
Quotes :
2020-07-20 19:59:59
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15 min delayed data
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NASDAQ Stocks
News
The last news published on NVIDIA CORP. at the time of the generation of this analysis was as follows:
- Booz Allen Hamilton Named Partner of the Year for Global Consulting by NVIDIA
-
Why Investors Keep Buying Chip Stocks Like Nvidia And AMD: CNBC After Hours
- NVIDIA Names John Dabiri to Board of Directors
- CINECA Chooses IBM POWER9 with NVIDIA GPUs and InfiniBand Network for Marconi100 Accelerated Cluster
- NVIDIA Announces Upcoming Event for Financial Community
This member declared not having a position on this financial instrument or a related financial instrument.
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