NVIDIA CORP (NVDA)

US67066G1040 - Common Stock

796.07  -28.16 (-3.42%)

Technical Rating and Analysis

8

Taking everything into account, NVDA scores 8 out of 10 in our technical rating. 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.

In the last month NVDA has a been trading in the 756.06 - 963.75 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, NVDA did better than 98% of all other 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 98% 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 55010400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
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

555.90

915.23

When analyzing the support we can see 3 important areas.

  • 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 @595.36 from a trend line in the daily time frame.
  • Support @561.52 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 867.23 to 876.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @906.17 from a horizontal line in the daily time frame.
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
CRS98.32
Mansfield4.14
10 Day High907.39
10 Day Low756.06
20 Day High963.75
20 Day Low756.06
52 Week High974
52 Week Low272.4
Performance
1 Week-5.71%
2 Weeks-3.43%
1 Month-13.24%
3 Month35.05%
6 Month103.51%
12 Month197.03%
2 Year344.4%
3 Year449.14%
5 Year1721.5%
10 Year17750.1%
15 Year28618.8%
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)-12.99
RSI(14)45.68
LBB779.69
UBB923.89
NVDA Daily chart

NVIDIA CORP

NASDAQ:NVDA (4/24/2024, 2:44:10 PM)

796.07

-28.16 (-3.42%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-3.42%
1 Week-5.71%
2 Weeks-3.43%
1 Month-13.24%
3 Month35.05%
6 Month103.51%
12 Month197.03%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)40.17
ATR(20)%4.49%
ATR Inc
Range Today48.99
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 High907.39
10 Day Low756.06
20 Day High963.75
20 Day Low756.06
52 Week High974
52 Week Low272.4
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume45.04M
Volume Incr22.88%
Vol(5)57.06M
Vol(50)55.01M