NVIDIA CORP.
NVIDIA CORP.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: NVDA
ISIN:

NVIDIA CORP. - Daily - Technical analysis published on 12/02/2021 (GMT)

  • 91
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

Are you looking for opportunities in American stocks?
Discover Londinia...

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 293.01 USD
My targets
329.85 USD (+3.88%)
My analysis
The bullish trend is currently very strong on NVIDIA CORP.. As long as the price remains above the support at 293.01 USD, you could try to benefit from the boom. The first bullish objective is located at 329.85 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, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
6.6

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

Additional analysis

Quotes

The NVIDIA CORP. rating is 317.52 USD. On the day, this instrument gained +1.01% with the lowest point at 310.25 USD and the highest point at 322.83 USD. The deviation from the price is +2.34% for the low point and -1.64% for the high point.

310.25
322.83
317.52

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

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


A technical analysis in Daily of this NVIDIA CORP. chart shows a strongly 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 detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 7 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Near resistance of channel

Type : Bearish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 206.71 228.43 293.01 317.52 329.85
Change (%) -34.90% -28.06% -7.72% - +3.88%
Change -110.81 -89.09 -24.51 - +12.33
Level Major Major Intermediate - Major



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
Standard288.71301.26307.80320.35326.89339.44345.98
Camarilla309.10310.85312.60314.35316.10317.85319.60
Woodie285.72299.76304.81318.85323.90337.94342.99
Fibonacci301.26308.55313.05320.35327.64332.14339.44


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard262.73285.76300.40323.43338.07361.10375.74
Camarilla304.67308.12311.58315.03318.48321.94325.39
Woodie258.53283.66296.20321.33333.87359.00371.54
Fibonacci285.76300.15309.04323.43337.82346.71361.10


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard176.33214.30270.53308.50364.73402.70458.93
Camarilla300.86309.49318.13326.76335.40344.03352.67
Woodie185.46218.87279.66313.07373.86407.27468.06
Fibonacci214.30250.28272.52308.50344.48366.72402.70

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): 60.45
MACD (12,26,9): 18.1300
Directional Movement: 13.09
AROON (14): 21.43
DEMA (21): 330.84
Parabolic SAR (0,02-0,02-0,2): 309.67
Elder Ray (13): 2.15
Super Trend (3,10): 283.16
Zig ZAG (10): 318.18
VORTEX (21): 1.0400
Stochastique (14,3,5): 53.99
TEMA (21): 332.03
Williams %R (14): -50.06
Chande Momentum Oscillator (20): 17.09
Repulse (5,40,3): -3.4400
ROCnROLL: 1
TRIX (15,9): 1.1300
Courbe Coppock: 16.13
MA7: 321.54
MA20: 311.32
MA50: 258.79
MA100: 233.23
MAexp7: 319.27
MAexp20: 305.46
MAexp50: 272.94
MAexp100: 242.71
Price / MA7: -1.25%
Price / MA20: +1.99%
Price / MA50: +22.69%
Price / MA100: +36.14%
Price / MAexp7: -0.55%
Price / MAexp20: +3.95%
Price / MAexp50: +16.33%
Price / MAexp100: +30.82%

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.

About author

Online

Overall rating :
13927
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis NVIDIA CORP. - Daily