Nvidia Corp (NVDA) Down 1.44%; in an Uptrend Over Past 14 Days

Nvidia Corp 4 Hour Price Update

Updated July 16, 2020 04:33 PM GMT (12:33 PM EST)

In the past four hours of today’s trading session, NVDA’s price is down $-7.32 (-1.79%). For context, Nvidia Corp’s peers in the in the Electronic Equipment industry are down -1.15% on average in this time, while its peers in the broader Technology sector are down by an average of -1.38%.

Nvidia Corp Daily Price Recap

The back and forth price flow continues for Nvidia Corp, which started today off at 409.09 US dollars, down 1.44% ($5.99) from the previous day. The price move occurred on volume that was down 26.1% from the day prior, but up 30.31% from the same day the week before. Below is a daily price chart of Nvidia Corp.

Nvidia Corp Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For another vantage point, consider that Nvidia Corp’s price has gone up 18 of the previous 30 trading days.

Overheard Around the Web

Over on StockTwits, here’s an example of what they’re saying about NVDA:

    $NFLX I do want to say this to other bloated technology related stocks which have insane P/E. Look. Techs have run its course, I believe, and first sign of which is for the past four consecutive trading days, NAZ and Tech SPY are lagging a lot behind SPY and DOW. When this tech bubble burst, only place to hide your money is in the stocks with deep value like $VIAC with P/E 6.5 with big growth potential – check Pluto TV 75% YoY growth. $tsla $amzn $nvda

    1parz