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

NVIDIA CORP. - Daily - Technical analysis published on 07/30/2020 (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
50%
17%
33%
My opinion
Bullish above 370.64 USD
My targets
434.35 USD (+3.76%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NVIDIA CORP. as long as the price remains well above 370.64 USD. The buyers” bullish objective is set at 434.35 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.1

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This analysis was given by Mattkh. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The NVIDIA CORP. price is 418.62 USD. On the day, this instrument gained +2.45% and was between 413.88 USD and 420.65 USD. This implies that the price is at +1.15% from its lowest and at -0.48% from its highest.

413.88
420.65
418.62

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

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:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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


Technical analysis of NVIDIA CORP. in Daily shows a strongly overall bullish trend. 92.86% 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 scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 236.07 289.36 314.70 418.62 420.42
Change (%) -43.61% -30.88% -24.82% - +0.43%
Change -182.55 -129.26 -103.92 - +1.80
Level Intermediate 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
Standard399.32403.85406.23410.76413.14417.67420.05
Camarilla406.72407.35407.99408.62409.25409.89410.52
Woodie398.26403.31405.17410.22412.08417.13418.99
Fibonacci403.85406.49408.12410.76413.40415.03417.67


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard358.19374.63391.21407.65424.23440.67457.25
Camarilla398.70401.73404.75407.78410.81413.83416.86
Woodie358.25374.67391.27407.69424.29440.71457.31
Fibonacci374.63387.25395.04407.65420.27428.06440.67


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard316.21331.26355.59370.64394.97410.02434.35
Camarilla369.08372.69376.30379.91383.52387.13390.74
Woodie320.84333.58360.22372.96399.60412.34438.98
Fibonacci331.26346.31355.60370.64385.69394.98410.02

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): 60.01
MACD (12,26,9): 11.0600
Directional Movement: 2.99
AROON (14): -64.28
DEMA (21): 420.38
Parabolic SAR (0,02-0,02-0,2): 422.31
Elder Ray (13): 7.51
Super Trend (3,10): 384.32
Zig ZAG (10): 418.62
VORTEX (21): 1.1200
Stochastique (14,3,5): 58.16
TEMA (21): 417.96
Williams %R (14): -32.18
Chande Momentum Oscillator (20): 16.53
Repulse (5,40,3): 0.9300
ROCnROLL: 1
TRIX (15,9): 0.4800
Courbe Coppock: 6.24
MA7: 412.54
MA20: 407.51
MA50: 379.59
MA100: 325.28
MAexp7: 412.87
MAexp20: 404.48
MAexp50: 378.00
MAexp100: 341.58
Price / MA7: +1.47%
Price / MA20: +2.73%
Price / MA50: +10.28%
Price / MA100: +28.70%
Price / MAexp7: +1.39%
Price / MAexp20: +3.50%
Price / MAexp50: +10.75%
Price / MAexp100: +22.55%

Quotes : 2020-07-29 19:59:59 - 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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