NVIDIA CORP. - Daily - Technical analysis published on 05/18/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
28%
33%
39%
My opinion
Neutral between 544.47 USD and 582.48 USD
My targets
-
My analysis
The short-term decline on NVIDIA CORP. remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 544.47 USD. The first resistance is located at 582.48 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NVIDIA CORP. rating 567.22 USD. The price has increased by +0.11% since the last closing with the lowest point at 565.93 USD and the highest point at 576.17 USD. The deviation from the price is +0.23% for the low point and -1.55% for the high point.565.93
576.17
567.22
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand 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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of NVIDIA CORP. indicates that the overall trend is slightly bullish. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could turn neutral or reverse given the slightly bearish 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.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner found no further results concerning independent technical indicators.
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 resistance of triangle
Type : Bearish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 463.73 | 501.38 | 544.47 | 567.22 | 582.48 | 613.21 | 645.49 |
| Change (%) | -18.25% | -11.61% | -4.01% | - | +2.69% | +8.11% | +13.80% |
| Change | -103.49 | -65.84 | -22.75 | - | +15.26 | +45.99 | +78.27 |
| Level | Major | Major | Major | - | Major | Minor | 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 | 545.62 | 549.88 | 558.25 | 562.51 | 570.88 | 575.14 | 583.51 |
| Camarilla | 563.15 | 564.31 | 565.46 | 566.62 | 567.78 | 568.94 | 570.09 |
| Woodie | 547.68 | 550.91 | 560.31 | 563.54 | 572.94 | 576.17 | 585.57 |
| Fibonacci | 549.88 | 554.71 | 557.69 | 562.51 | 567.34 | 570.32 | 575.14 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 487.43 | 512.89 | 541.31 | 566.77 | 595.19 | 620.65 | 649.07 |
| Camarilla | 554.90 | 559.84 | 564.78 | 569.72 | 574.66 | 579.60 | 584.54 |
| Woodie | 488.90 | 513.63 | 542.78 | 567.51 | 596.66 | 621.39 | 650.54 |
| Fibonacci | 512.89 | 533.48 | 546.19 | 566.77 | 587.36 | 600.07 | 620.65 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 436.24 | 488.35 | 544.36 | 596.47 | 652.48 | 704.59 | 760.60 |
| Camarilla | 570.65 | 580.56 | 590.47 | 600.38 | 610.29 | 620.20 | 630.11 |
| Woodie | 438.20 | 489.33 | 546.32 | 597.45 | 654.44 | 705.57 | 762.56 |
| Fibonacci | 488.35 | 529.65 | 555.17 | 596.47 | 637.77 | 663.29 | 704.59 |
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): | 46.27 | |
| MACD (12,26,9): | -4.8200 | |
| Directional Movement: | -7.90 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 574.59 | |
| Parabolic SAR (0,02-0,02-0,2): | 581.37 | |
| Elder Ray (13): | -2.70 | |
| Super Trend (3,10): | 612.57 | |
| Zig ZAG (10): | 567.31 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 35.35 | |
| TEMA (21): | 562.39 | |
| Williams %R (14): | -61.76 | |
| Chande Momentum Oscillator (20): | -31.60 | |
| Repulse (5,40,3): | 0.2800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 14.31 |
| MA7: | 563.39 | |
| MA20: | 587.03 | |
| MA50: | 565.17 | |
| MA100: | 553.89 | |
| MAexp7: | 567.60 | |
| MAexp20: | 577.55 | |
| MAexp50: | 571.57 | |
| MAexp100: | 556.50 | |
| Price / MA7: | +0.68% | |
| Price / MA20: | -3.37% | |
| Price / MA50: | +0.36% | |
| Price / MA100: | +2.41% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -1.79% | |
| Price / MAexp50: | -0.76% | |
| Price / MAexp100: | +1.93% |
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:
- Thinking about trading options or stock in Coinbase, Draftkings, Nvidia, Nio, or American Airlines?
- NVIDIA Sets Conference Call for First-Quarter Financial Results
- Arbe Announces Availability Of 4D Imaging Radar Solution On NVIDIA DRIVE Platform
- Thinking about trading options or stock in AT&T, Nvidia, Tesla, Pinterest, or American Airlines?
- NVIDIA Sets AI Inference Records, Introduces A30 and A10 GPUs for Enterprise Servers
This member declared not having a position on this financial instrument or a related financial instrument.
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