NVIDIA - Daily - Technical analysis published on 06/18/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Strongly bearish
Technical indicators
61%
11%
28%
My opinion
Bearish under 160.08 USD
My targets
127.04 USD (-12.40%)
95.49 USD (-34.16%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NVIDIA CORP. as long as the price remains well below 160.08 USD. The next bearish objective for sellers is set at 127.04 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 95.49 USD. If there is any crossing, the next objective would be the support located at 68.52 USD. 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 over sold items that could be a sign of a short-term correction.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NVIDIA CORP. rating is 145.03 USD. On the day, this instrument gained +0.27% with the lowest point at 143.65 USD and the highest point at 146.52 USD. The deviation from the price is +0.96% for the low point and -1.02% for the high point.143.65
146.52
145.03
Here is a more detailed summary of the historical variations registered by NVIDIA CORP.:
Technical
Technical analysis of NVIDIA CORP. in Daily shows a overall strongly bearish trend. 82.14% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
In fact, 11 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 68.52 | 95.49 | 127.04 | 145.03 | 160.08 | 192.10 | 218.11 |
| Change (%) | -52.75% | -34.16% | -12.40% | - | +10.38% | +32.46% | +50.39% |
| Change | -76.51 | -49.54 | -17.99 | - | +15.05 | +47.07 | +73.08 |
| Level | Minor | Intermediate | Major | - | Major | Intermediate | Minor |
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 | 140.50 | 141.67 | 143.15 | 144.32 | 145.81 | 146.98 | 148.46 |
| Camarilla | 143.91 | 144.15 | 144.40 | 144.64 | 144.88 | 145.13 | 145.37 |
| Woodie | 140.66 | 141.75 | 143.31 | 144.40 | 145.97 | 147.06 | 148.62 |
| Fibonacci | 141.67 | 142.68 | 143.31 | 144.32 | 145.34 | 145.96 | 146.98 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 131.34 | 137.09 | 140.86 | 146.61 | 150.39 | 156.14 | 159.91 |
| Camarilla | 142.02 | 142.89 | 143.77 | 144.64 | 145.51 | 146.39 | 147.26 |
| Woodie | 130.35 | 136.60 | 139.88 | 146.12 | 149.40 | 155.64 | 158.93 |
| Fibonacci | 137.09 | 140.73 | 142.97 | 146.61 | 150.25 | 152.50 | 156.14 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 41.62 | |
| MACD (12,26,9): | -4.8900 | |
| Directional Movement: | -11.18 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 141.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 139.74 | |
| Elder Ray (13): | -1.19 | |
| Super Trend (3,10): | 135.18 | |
| Zig ZAG (10): | 145.03 | |
| VORTEX (21): | 0.7800 | |
| Stochastique (14,3,5): | 67.70 | |
| TEMA (21): | 141.86 | |
| Williams %R (14): | -37.10 | |
| Chande Momentum Oscillator (20): | 5.92 | |
| Repulse (5,40,3): | 0.2700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.6500 | |
| Courbe Coppock: | 0.08 |
| MA7: | 146.97 | |
| MA20: | 145.02 | |
| MA50: | 165.95 | |
| MA100: | 163.33 | |
| MAexp7: | 145.79 | |
| MAexp20: | 148.58 | |
| MAexp50: | 157.70 | |
| MAexp100: | 165.06 | |
| Price / MA7: | -1.32% | |
| Price / MA20: | +0.01% | |
| Price / MA50: | -12.61% | |
| Price / MA100: | -11.20% | |
| Price / MAexp7: | -0.52% | |
| Price / MAexp20: | -2.39% | |
| Price / MAexp50: | -8.03% | |
| Price / MAexp100: | -12.13% |
News
The last news published on NVIDIA CORP. at the time of the generation of this analysis was as follows:
- NVIDIA Names Donald Robertson as Chief Accounting Officer
- NVIDIA Brings CUDA to Arm, Enabling New Path to Exascale Supercomputing
- CD PROJEKT RED and NVIDIA Partner to Bring Ray Tracing to ‘Cyberpunk 2077’
- Supermicro Scalable AI Edge Systems Validated for Trusted Infrastructure Deployment with the NVIDIA EGX Edge Computing Platform Now Available
- ‘Watch Dogs: Legion’ to Support DirectX Raytracing on PC, Powered by NVIDIA GeForce RTX
This member declared not having a position on this financial instrument or a related financial instrument.
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