NVIDIA CORP (NVDA)

US67066G1040 - Common Stock

899.87  -21.53 (-2.34%)

Technical Rating and Analysis

10

Taking everything into account, NVDA scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NVDA is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that NVDA is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, NVDA also shows a nice and consistent pattern of rising prices.
NVDA is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 99% of 107 stocks in the same industry.
NVDA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NVDA is lagging the market slightly.
In the last month NVDA has a been trading in the 756.06 - 922.20 range, which is quite wide. It is currently trading near the high of this range.
NVDA has an average volume of 51463500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
NVDA Weekly chart
NVDA Daily chart
Setup Rating and Analysis

3

Although NVDA has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

567.82

959.53

4 important support areas can be observed.

  • A support zone ranging from 852.72 to 867.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 804.56 to 804.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @609.53 from a trend line in the daily time frame.
  • Support @573.56 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 921.39 to 926.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 942.90 to 950.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.31
Mansfield4.92
10 Day High922.2
10 Day Low782.23
20 Day High922.2
20 Day Low756.06
52 Week High974
52 Week Low281.52
Performance
1 Week4.99%
2 Weeks15.87%
1 Month5.75%
3 Month27.74%
6 Month90.63%
12 Month225.12%
2 Year393.47%
3 Year467.21%
5 Year2620.8%
10 Year19297.9%
15 Year35236.5%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)7.14
RSI(14)59.44
LBB762.39
UBB924.52
NVDA Daily chart

NVIDIA CORP

NASDAQ:NVDA (5/7/2024, 9:37:10 AM)

899.87

-21.53 (-2.34%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.34%
1 Week4.99%
2 Weeks15.87%
1 Month5.75%
3 Month27.74%
6 Month90.63%
12 Month225.12%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)43.56
ATR(20)%4.5%
ATR Inc
Range Today27.7
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High922.2
10 Day Low782.23
20 Day High922.2
20 Day Low756.06
52 Week High974
52 Week Low281.52
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume15.28M
Volume Incr-10.3%
Vol(5)41.52M
Vol(50)51.46M