NVIDIA CORP (NVDA)
US67066G1040 - Common Stock
Taking everything into account, NVDA scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, NVDA has proven to be a steady performer, scoring decent points in every aspect analyzed.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, NVDA did better than 97% 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 95% of 108 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.
NVDA has an average volume of 238900000 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 131.80 - 152.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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. There is a resistance zone just above the current price starting at 147.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 138.24, a Stop Loss order could be placed below this zone.
More info and screens
116.93
150.38
When analyzing the support we can see 3 important areas.
- A support zone ranging from 134.33 to 138.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @131.60 from a horizontal line in the daily time frame.
- A support zone ranging from 118.11 to 120.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 147.64 to 148.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.24
Mansfield2.11
10 Day High152.89
10 Day Low131.8
20 Day High152.89
20 Day Low131.8
52 Week High152.89
52 Week Low45.83
Performance
1 Week-2.34%
2 Weeks-2.36%
1 Month2.39%
3 Month34.81%
6 Month14.68%
12 Month191.82%
2 Year848.61%
3 Year371.35%
5 Year2256.65%
10 Year27556.9%
15 Year29585.2%
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)-1.41
RSI(14)48.28
LBB133.26
UBB151.05
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 140.69 | 134.32 | 6.37 (4.53%) | 22.08% |
| An entry @140.69. This is a Buy Stop order right above the 10 day moving average. | An exit @134.32. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 6.37 points, which is 4.53%. | For a 1.00% total portfolio risk, you can invest 22.08% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NVDA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NVIDIA CORP
NASDAQ:NVDA (12/2/2024, 8:00:01 PM)
Premarket: 138.95 +0.32 (+0.23%)138.63
+0.38 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.27%
1 Week-2.34%
2 Weeks-2.36%
1 Month2.39%
3 Month34.81%
6 Month14.68%
12 Month191.82%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.34
ATR(20)%3.65%
ATR Inc
Range Today2.63
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 High152.89
10 Day Low131.8
20 Day High152.89
20 Day Low131.8
52 Week High152.89
52 Week Low45.83
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume171.68M
Volume Incr-1.71%
Vol(5)215.03M
Vol(50)238.90M