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

NVIDIA CORP. - 1H - Technical analysis published on 05/18/2022 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 171.76 USD
My targets
160.97 USD (-5.87%)
155.83 USD (-8.87%)
My analysis
The bearish trend is currently very strong for NVIDIA CORP.. As long as the price remains below the resistance at 171.76 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 160.97 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 155.83 USD as an objective. Crossing it would then enable sellers to target 144.69 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.3

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

NVIDIA CORP. rating 171.00 USD. On the day, this instrument lost -5.93% and was traded between 170.18 USD and 181.18 USD over the period. The price is currently at +0.48% from its lowest and -5.62% from its highest.

170.18
181.18
171.00

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of NVIDIA CORP. in 1H shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour



Technical indicators are bearish. There is still some doubt about the decline in the price.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


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 several results that can have an impact on the price change:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour


Near support of triangle

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 115.80 144.69 155.83 171.00 171.67 183.31 197.21
Change (%) -32.28% -15.39% -8.87% - +0.39% +7.20% +15.33%
Change -55.20 -26.31 -15.17 - +0.67 +12.31 +26.21
Level Major Intermediate Minor - Intermediate Intermediate Intermediate



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
Standard170.13173.24177.50180.61184.87187.98192.24
Camarilla179.74180.42181.09181.77182.45183.12183.80
Woodie170.72173.53178.09180.90185.46188.27192.83
Fibonacci173.24176.05177.79180.61183.42185.16187.98


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard134.09144.88160.97171.76187.85198.64214.73
Camarilla169.67172.13174.60177.06179.52181.99184.45
Woodie136.74146.21163.62173.09190.50199.97217.38
Fibonacci144.88155.15161.49171.76182.03188.37198.64


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard61.04121.97153.72214.65246.40307.33339.08
Camarilla159.98168.48176.97185.47193.97202.46210.96
Woodie46.45114.68139.13207.36231.81300.04324.49
Fibonacci121.97157.37179.25214.65250.05271.93307.33

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 42.51
MACD (12,26,9): 0.4500
Directional Movement: -12.56
AROON (14): -78.57
DEMA (21): 176.81
Parabolic SAR (0,02-0,02-0,2): 182.27
Elder Ray (13): -4.19
Super Trend (3,10): 168.80
Zig ZAG (10): 170.70
VORTEX (21): 0.8600
Stochastique (14,3,5): 11.51
TEMA (21): 177.39
Williams %R (14): -95.41
Chande Momentum Oscillator (20): -1.67
Repulse (5,40,3): -2.8500
ROCnROLL: 2
TRIX (15,9): 0.1300
Courbe Coppock: 1.41
MA7: 172.28
MA20: 184.85
MA50: 221.63
MA100: 237.87
MAexp7: 175.27
MAexp20: 175.90
MAexp50: 176.42
MAexp100: 182.94
Price / MA7: -0.74%
Price / MA20: -7.49%
Price / MA50: -22.84%
Price / MA100: -28.11%
Price / MAexp7: -2.41%
Price / MAexp20: -2.76%
Price / MAexp50: -3.05%
Price / MAexp100: -6.50%

Quotes : - 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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