NVIDIA CORP. - Weekly - Technical analysis published on 11/19/2022 (GMT)
- 269
- 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
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 144.76 USD. The first resistance is located at 176.64 USD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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 ErnestMoney. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NVIDIA CORP. rating 154.09 USD. The price is lower by -5.62% over the 5 days and has been traded over the last 5 days between 151.20 USD and 169.98 USD. This implies that the 5 day price is +1.91% from its lowest point and -9.35% from its highest point.151.20
169.98
154.09
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
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:
Technical
Technical analysis of NVIDIA CORP. in Weekly shows an overall 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 market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Weekly
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of channel
Type : Bearish
Timeframe : Weekly
Near horizontal support
Type : Bullish
Timeframe : Weekly
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
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 | 154.09 | 191.87 | 228.22 | 286.39 |
| Change (%) | -53.44% | -24.89% | -6.05% | - | +24.52% | +48.11% | +85.86% |
| Change | -82.34 | -38.35 | -9.33 | - | +37.78 | +74.13 | +132.30 |
| Level | Intermediate | Major | Major | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 141.37 | 146.28 | 150.19 | 155.10 | 159.01 | 163.92 | 167.83 |
| Camarilla | 151.67 | 152.47 | 153.28 | 154.09 | 154.90 | 155.71 | 156.52 |
| Woodie | 140.86 | 146.03 | 149.68 | 154.85 | 158.50 | 163.67 | 167.32 |
| Fibonacci | 146.28 | 149.65 | 151.73 | 155.10 | 158.47 | 160.55 | 163.92 |
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 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): | 48.33 | |
| MACD (12,26,9): | -13.5700 | |
| Directional Movement: | 1.39 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 130.85 | |
| Parabolic SAR (0,02-0,02-0,2): | 109.25 | |
| Elder Ray (13): | 15.72 | |
| Super Trend (3,10): | 169.83 | |
| Zig ZAG (10): | 154.09 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 53.57 | |
| TEMA (21): | 132.33 | |
| Williams %R (14): | -44.92 | |
| Chande Momentum Oscillator (20): | -8.45 | |
| Repulse (5,40,3): | 9.6800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -1.5300 | |
| Courbe Coppock: | 35.64 |
| MA7: | 160.05 | |
| MA20: | 144.16 | |
| MA50: | 132.89 | |
| MA100: | 149.76 | |
| MAexp7: | 144.17 | |
| MAexp20: | 151.38 | |
| MAexp50: | 174.75 | |
| MAexp100: | 173.46 | |
| Price / MA7: | -3.72% | |
| Price / MA20: | +6.89% | |
| Price / MA50: | +15.95% | |
| Price / MA100: | +2.89% | |
| Price / MAexp7: | +6.88% | |
| Price / MAexp20: | +1.79% | |
| Price / MAexp50: | -11.82% | |
| Price / MAexp100: | -11.17% |
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:
- NVIDIA Announces Upcoming Events for Financial Community
- Lockheed Martin, NVIDIA to Build Digital Twin of Current Global Weather Conditions for the National Oceanic and Atmospheric Administration
- 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
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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
Comments
0 comments on the analysis NVIDIA CORP. - Weekly