USA - NASDAQ:NVDA - US67066G1040 - Common Stock
Overall NVDA gets a technical rating of 8 out of 10. 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.
Besides having an excellent technical rating, NVDA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
104.84
We found 2 important support areas.
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NVDA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NVDA is neutral. |
| ChartMill Relative Strength | 82.07 | POSITIVE | NVDA has a high relative strength, it outperformed 82.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NVDA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NVDA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NVDA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.41 | NEUTRAL | The RSI value for NVDA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.26 | NEGATIVE | The MACD value suggests NVDA has a negative trend. |
| Stochastics (14,3) | 37.15 | NEUTRAL | The Stochastics value for NVDA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for NVDA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.67 | NEGATIVE | The low ADX value for NVDA suggests a weak or negative trend. |
186.86
-6.94 (-3.58%)
ChartMill assigns a technical rating of 8 / 10 to NVDA.
The current trend direction for NVIDIA CORP (NVDA) is Bullish.
NVIDIA CORP (NVDA) has an RSI value of 46.4133. This indicates that the stock is currently neutral.
The MACD indicator for NVIDIA CORP (NVDA) has a value of -1.25759, indicating a bearish trend.
The short term momentum for NVIDIA CORP (NVDA) is neutral.