NVIDIA CORP. - Weekly - Technical analysis published on 11/17/2022 (GMT)
- 196
- 0
- Timeframe : Weekly
- - 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:
Neutral
Underlying:
Slightly bearish
Technical indicators
50%
17%
33%
My opinion
Neutral between 144.76 USD and 176.64 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on NVIDIA CORP.. It is difficult to advise a trading direction under these conditions. The first support is located at 144.76 USD. The first resistance is located at 176.64 USD. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by ErnestMoney. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NVIDIA CORP. price is 159.10 USD. Over 5 days, this instrument gained +1.02% with the lowest point at 158.73 USD and the highest point at 169.98 USD. The deviation from the price is +0.23% for the low point and -6.40% for the high point.158.73
169.98
159.10
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Weekly of this NVIDIA CORP. chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Weekly
An assessment of technical indicators shows a slightly bullish signal.
The Central Indicators scanner found this result concerning these indicators:
RSI indicator is back under 50
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of channel
Type : Bearish
Timeframe : Weekly
Near horizontal support
Type : Bullish
Timeframe : Weekly
The presence of these bearish patterns in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term were also noted
Black gravestone / inverted hammer
Type : Bearish
Timeframe : Weekly
Bearish harami
Type : Bearish
Timeframe : Weekly
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 71.75 | 115.74 | 144.76 | 159.10 | 191.87 | 228.22 | 286.39 |
| Change (%) | -54.90% | -27.25% | -9.01% | - | +20.60% | +43.44% | +80.01% |
| Change | -87.35 | -43.36 | -14.34 | - | +32.77 | +69.12 | +127.29 |
| Level | Intermediate | Major | Major | - | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 152.46 | 155.59 | 157.35 | 160.48 | 162.24 | 165.37 | 167.13 |
| Camarilla | 157.76 | 158.20 | 158.65 | 159.10 | 159.55 | 160.00 | 160.45 |
| Woodie | 151.77 | 155.25 | 156.66 | 160.14 | 161.55 | 165.03 | 166.44 |
| Fibonacci | 155.59 | 157.46 | 158.62 | 160.48 | 162.35 | 163.51 | 165.37 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 119.64 | 128.62 | 145.94 | 154.92 | 172.24 | 181.22 | 198.54 |
| Camarilla | 156.04 | 158.45 | 160.86 | 163.27 | 165.68 | 168.09 | 170.50 |
| Woodie | 123.82 | 130.71 | 150.12 | 157.01 | 176.42 | 183.31 | 202.72 |
| Fibonacci | 128.62 | 138.66 | 144.87 | 154.92 | 164.96 | 171.17 | 181.22 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 85.53 | 96.83 | 115.90 | 127.20 | 146.27 | 157.57 | 176.64 |
| Camarilla | 126.62 | 129.40 | 132.19 | 134.97 | 137.75 | 140.54 | 143.32 |
| Woodie | 89.42 | 98.77 | 119.79 | 129.14 | 150.16 | 159.51 | 180.53 |
| Fibonacci | 96.83 | 108.43 | 115.60 | 127.20 | 138.80 | 145.97 | 157.57 |
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): | 49.96 | |
| MACD (12,26,9): | -13.1700 | |
| Directional Movement: | 1.43 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 131.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 109.25 | |
| Elder Ray (13): | 18.77 | |
| Super Trend (3,10): | 169.83 | |
| Zig ZAG (10): | 159.10 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 55.57 | |
| TEMA (21): | 133.58 | |
| Williams %R (14): | -38.91 | |
| Chande Momentum Oscillator (20): | -3.44 | |
| Repulse (5,40,3): | 13.1100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -1.5200 | |
| Courbe Coppock: | 34.49 |
| MA7: | 156.18 | |
| MA20: | 140.94 | |
| MA50: | 132.35 | |
| MA100: | 149.80 | |
| MAexp7: | 145.43 | |
| MAexp20: | 151.86 | |
| MAexp50: | 174.94 | |
| MAexp100: | 173.56 | |
| Price / MA7: | +1.87% | |
| Price / MA20: | +12.88% | |
| Price / MA50: | +20.21% | |
| Price / MA100: | +6.21% | |
| Price / MAexp7: | +9.40% | |
| Price / MAexp20: | +4.77% | |
| Price / MAexp50: | -9.05% | |
| Price / MAexp100: | -8.33% |
Quotes :
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15 min delayed data
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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:
- NVIDIA Announces Financial Results for Third Quarter Fiscal 2023
- NVIDIA GeForce RTX 4080 Graphics Cards Now Available at Newegg.com
- Nuance Communications and NVIDIA Bring Medical Imaging AI Models Directly into Clinical Settings
- NVIDIA H100 and Quantum-2 Systems Announced Worldwide
- NVIDIA Omniverse Opens Portals for Scientists to Explore Our Universe
This member declared not having a position on this financial instrument or a related financial instrument.
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