NVIDIA CORP. - 15 min. - Technical analysis published on 02/02/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 213.89 USD
My targets
221.63 USD (+2.18%)
231.34 USD (+6.66%)
My analysis
NVIDIA CORP. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 213.89 USD. The next resistance located at 221.63 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 231.34 USD. After this resistance, buyers could then target 286.32 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7
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Additional analysis
Quotes
The NVIDIA CORP. price is 216.90 USD. On the day, this instrument gained +3.57% and was traded between 209.60 USD and 217.00 USD over the period. The price is currently at +3.48% from its lowest and -0.05% from its highest.209.60
217.00
216.90
Here is a more detailed summary of the historical variations registered by NVIDIA CORP.:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of NVIDIA CORP. indicates that the overall trend is strongly bullish. 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 market scanner currently does not detect any result that concerns moving averages.
In fact, 11 technical indicators on 18 studied are currently positioned bullish. No additional result has been identified by Central Indicators, the scanner specialised in 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 channel
Type : Bearish
Timeframe : 15 minutes
Near horizontal support
Type : Bullish
Timeframe : 15 minutes
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 189.50 | 195.76 | 203.17 | 216.90 | 228.16 | 286.32 | 333.37 |
| Change (%) | -12.63% | -9.75% | -6.33% | - | +5.19% | +32.01% | +53.70% |
| Change | -27.40 | -21.14 | -13.73 | - | +11.26 | +69.42 | +116.47 |
| Level | Intermediate | Minor | Major | - | Minor | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 183.91 | 190.01 | 199.72 | 205.82 | 215.53 | 221.63 | 231.34 |
| Camarilla | 205.08 | 206.53 | 207.98 | 209.43 | 210.88 | 212.33 | 213.78 |
| Woodie | 185.72 | 190.91 | 201.53 | 206.72 | 217.34 | 222.53 | 233.15 |
| Fibonacci | 190.01 | 196.05 | 199.78 | 205.82 | 211.86 | 215.59 | 221.63 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 157.69 | 167.94 | 185.79 | 196.04 | 213.89 | 224.14 | 241.99 |
| Camarilla | 195.92 | 198.50 | 201.07 | 203.65 | 206.23 | 208.80 | 211.38 |
| Woodie | 161.50 | 169.84 | 189.60 | 197.94 | 217.70 | 226.04 | 245.80 |
| Fibonacci | 167.94 | 178.67 | 185.30 | 196.04 | 206.77 | 213.40 | 224.14 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 89.11 | 114.72 | 155.05 | 180.66 | 220.99 | 246.60 | 286.93 |
| Camarilla | 177.24 | 183.28 | 189.33 | 195.37 | 201.42 | 207.46 | 213.50 |
| Woodie | 96.46 | 118.40 | 162.40 | 184.34 | 228.34 | 250.28 | 294.28 |
| Fibonacci | 114.72 | 139.91 | 155.47 | 180.66 | 205.85 | 221.41 | 246.60 |
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): | 66.12 | |
| MACD (12,26,9): | 3.1800 | |
| Directional Movement: | 17.22 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 214.37 | |
| Parabolic SAR (0,02-0,02-0,2): | 211.22 | |
| Elder Ray (13): | 0.80 | |
| Super Trend (3,10): | 207.29 | |
| Zig ZAG (10): | 212.48 | |
| VORTEX (21): | 1.2100 | |
| Stochastique (14,3,5): | 74.49 | |
| TEMA (21): | 215.01 | |
| Williams %R (14): | -36.07 | |
| Chande Momentum Oscillator (20): | 2.33 | |
| Repulse (5,40,3): | -0.1700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2500 | |
| Courbe Coppock: | 7.40 |
| MA7: | 200.90 | |
| MA20: | 179.34 | |
| MA50: | 168.14 | |
| MA100: | 150.50 | |
| MAexp7: | 212.69 | |
| MAexp20: | 209.97 | |
| MAexp50: | 204.91 | |
| MAexp100: | 201.00 | |
| Price / MA7: | +7.96% | |
| Price / MA20: | +20.94% | |
| Price / MA50: | +29.00% | |
| Price / MA100: | +44.12% | |
| Price / MAexp7: | +1.98% | |
| Price / MAexp20: | +3.30% | |
| Price / MAexp50: | +5.85% | |
| Price / MAexp100: | +7.91% |
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:
- NVIDIA Sets Conference Call for Fourth-Quarter Financial Results
- Brytlyt becomes NVIDIA Inception Premier Partner
- Thinking about buying stock in Minerva Surgical, Lucid, Rivian, IBM, or NVIDIA?
- Thinking about buying stock in Esports Entertainment, Faraday Future Intelligent Electric, Ensysce Biosciences, NVIDIA, or Mullen Automotive?
- Thinking about trading options or stock in Seagate Technology, Dollar Tree, Blackstone, Nvidia, or Apple?
This member declared not having a position on this financial instrument or a related financial instrument.
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