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 10/28/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

11%

33%

My opinion

Bullish above 135.57 USD

My targets

143.41 USD (+1.27%)

159.16 USD (+12.39%)

My analysis

The bullish trend is currently very strong on NVIDIA CORP.. As long as the price remains above the support at 135.57 USD, you could try to benefit from the boom. The first bullish objective is located at 143.41 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 159.16 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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, 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

7.5

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

Additional analysis

Quotes

The NVIDIA CORP. price is 141.61 USD. On the day, this instrument gained +0.05% and was between 140.93 USD and 142.08 USD. This implies that the price is at +0.48% from its lowest and at -0.33% from its highest.

140.93

142.08

141.61

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

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:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of NVIDIA CORP. in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	98.90	118.45	135.57	141.61
Change (%)	-30.16%	-16.35%	-4.27%	-
Change	-42.71	-23.16	-6.04	-
Level	Major	Minor	Major	-

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	136.85	138.83	140.18	142.16	143.51	145.49	146.84
Camarilla	140.62	140.93	141.24	141.54	141.85	142.15	142.46
Woodie	136.55	138.67	139.88	142.00	143.21	145.33	146.54
Fibonacci	138.83	140.10	140.89	142.16	143.43	144.22	145.49

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	130.90	134.18	137.86	141.14	144.82	148.10	151.78
Camarilla	139.63	140.26	140.90	141.54	142.18	142.82	143.45
Woodie	131.10	134.28	138.06	141.24	145.02	148.20	151.98
Fibonacci	134.18	136.84	138.48	141.14	143.80	145.44	148.10

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	78.97	89.95	105.70	116.68	132.43	143.41	159.16
Camarilla	114.09	116.54	118.99	121.44	123.89	126.34	128.79
Woodie	81.35	91.14	108.08	117.87	134.81	144.60	161.54
Fibonacci	89.95	100.16	106.47	116.68	126.89	133.20	143.41

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):	65.10
MACD (12,26,9):	5.5900
Directional Movement:	14.00
AROON (14):	35.72
DEMA (21):	142.00
Parabolic SAR (0,02-0,02-0,2):	138.46
Elder Ray (13):	3.77
Super Trend (3,10):	129.18
Zig ZAG (10):	141.46
VORTEX (21):	1.1500
Stochastique (14,3,5):	80.51
TEMA (21):	144.31
Williams %R (14):	-20.41
Chande Momentum Oscillator (20):	6.55
Repulse (5,40,3):	-0.0400
ROCnROLL:	1
TRIX (15,9):	0.6300
Courbe Coppock:	21.36

MA7:	141.18
MA20:	133.88
MA50:	124.69
MA100:	122.50
MAexp7:	140.31
MAexp20:	134.82
MAexp50:	127.11
MAexp100:	118.97
Price / MA7:	+0.30%
Price / MA20:	+5.77%
Price / MA50:	+13.57%
Price / MA100:	+15.60%
Price / MAexp7:	+0.93%
Price / MAexp20:	+5.04%
Price / MAexp50:	+11.41%
Price / MAexp100:	+19.03%

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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