NVIDIA CORP.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	NVDA
ISIN:

NVIDIA CORP. - Daily - Technical analysis published on 06/30/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

39%

22%

39%

My opinion

Bullish above 123.21 USD

My targets

135.58 USD (+9.75%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NVIDIA CORP. as long as the price remains well above 123.21 USD. The buyers' bullish objective is set at 135.58 USD. A bullish break in this resistance would boost the bullish momentum. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

5.5

Comment on the analysis

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 lukem. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

NVIDIA CORP. rating 123.54 USD. The price registered a decrease of -0.36% on the session and was between 122.75 USD and 127.71 USD. This implies that the price is at +0.64% from its lowest and at -3.27% from its highest.

122.75

127.71

123.54

The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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 Daily shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner found this result concerning these indicators:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	76.19	94.99	109.62	123.54	135.58
Change (%)	-38.33%	-23.11%	-11.27%	-	+9.75%
Change	-47.35	-28.55	-13.92	-	+12.04
Level	Major	Major	Intermediate	-	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	116.66	119.71	121.62	124.67	126.58	129.63	131.54
Camarilla	122.18	122.63	123.09	123.54	124.00	124.45	124.90
Woodie	116.10	119.43	121.06	124.39	126.02	129.35	130.98
Fibonacci	119.71	121.60	122.77	124.67	126.56	127.73	129.63

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	108.27	113.15	118.35	123.23	128.43	133.31	138.51
Camarilla	120.77	121.69	122.62	123.54	124.46	125.39	126.31
Woodie	108.42	113.23	118.50	123.31	128.58	133.39	138.66
Fibonacci	113.15	117.00	119.38	123.23	127.08	129.46	133.31

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	54.07	67.65	88.64	102.22	123.21	136.79	157.78
Camarilla	100.11	103.28	106.45	109.62	112.79	115.96	119.13
Woodie	57.77	69.50	92.34	104.07	126.91	138.64	161.48
Fibonacci	67.65	80.86	89.02	102.22	115.43	123.59	136.79

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):	56.32
MACD (12,26,9):	5.7200
Directional Movement:	16.86
AROON (14):	50.00
DEMA (21):	130.10
Parabolic SAR (0,02-0,02-0,2):	137.34
Elder Ray (13):	0.92
Super Trend (3,10):	138.96
Zig ZAG (10):	123.54
VORTEX (21):	1.0100
Stochastique (14,3,5):	32.17
TEMA (21):	129.31
Williams %R (14):	-72.47
Chande Momentum Oscillator (20):	2.63
Repulse (5,40,3):	-2.5200
ROCnROLL:	-1
TRIX (15,9):	1.0200
Courbe Coppock:	11.59

MA7:	125.07
MA20:	123.84
MA50:	104.61
MA100:	94.10
MAexp7:	125.07
MAexp20:	121.57
MAexp50:	109.46
MAexp100:	95.86
Price / MA7:	-1.22%
Price / MA20:	-0.24%
Price / MA50:	+18.10%
Price / MA100:	+31.29%
Price / MAexp7:	-1.22%
Price / MAexp20:	+1.62%
Price / MAexp50:	+12.86%
Price / MAexp100:	+28.88%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on NVIDIA CORP. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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