NVIDIA CORP (NVDA)

US67066G1040 - Common Stock

877.35  +51.03 (+6.18%)

After market: 879.3 +1.95 (+0.22%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to NVDA. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
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. We also observe that the gains produced by NVDA over the past year are nicely spread over this period.
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 is also trading in the upper part of its 52 week range, so NVDA is performing more or less in line with the market.
NVDA has an average volume of 54543700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month NVDA has a been trading in the 756.06 - 922.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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 present a decent entry opportunity 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

555.90

959.53

We found 4 important support areas.

  • Support @781.35 from a trend line in the daily time frame.
  • A support zone ranging from 761.99 to 761.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @600.08 from a trend line in the daily time frame.
  • Support @561.52 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • 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
CRS98.48
Mansfield4.95
10 Day High906.13
10 Day Low756.06
20 Day High922.25
20 Day Low756.06
52 Week High974
52 Week Low272.4
Performance
1 Week15.14%
2 Weeks-0.51%
1 Month-2.9%
3 Month43.75%
6 Month116.63%
12 Month216.17%
2 Year373.04%
3 Year484.53%
5 Year1838.9%
10 Year18900.5%
15 Year30469.7%
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)-4.19
RSI(14)54.2
LBB767.54
UBB920.32
NVDA Daily chart

NVIDIA CORP

NASDAQ:NVDA (4/26/2024, 7:07:14 PM)

After market: 879.3 +1.95 (+0.22%)

877.35

+51.03 (+6.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg6.18%
1 Week15.14%
2 Weeks-0.51%
1 Month-2.9%
3 Month43.75%
6 Month116.63%
12 Month216.17%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)44.65
ATR(20)%4.54%
ATR Inc
Range Today49.44
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 High906.13
10 Day Low756.06
20 Day High922.25
20 Day Low756.06
52 Week High974
52 Week Low272.4
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume55.10M
Volume Incr6.53%
Vol(5)50.46M
Vol(50)54.54M