Nvidia Corp (NVDA) Up 1.07%; in an Uptrend Over Past 30 Days

Nvidia Corp 4 Hour Price Update

Updated July 23, 2020 04:32 PM GMT (12:32 PM EST)

In the past four hours of today’s trading session, NVDA’s price is down $-0.39 (-0.09%). To help put that in perspective, note that Nvidia Corp’s peers in the in the Electronic Equipment industry are up 0.75% on average during this time, while its peers in the broader Technology sector are up by an average of 0.79%.

Nvidia Corp Daily Price Recap

The choppiness in the recent daily price action of Nvidia Corp continues; to start today, it came in at a price of 417.55 US dollars, up 1.07% ($4.41) since yesterday. The price move occurred on volume that was up 32.41% from the day prior, but down 19.16% from the same day the week before. Let’s take a look at the daily price chart of Nvidia Corp.

Nvidia Corp Technical Analysis

The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 9 out of the past 14 days.

Overheard Around the Web

Here’s what one trader on StockTwits recently had to say in regards to NVDA:

    $MU Anyone hearing any chatter that this move in the stock today is related to rumors that $NVDA is looking at picking up ARM Holdings from Softbank (which acquired ARM for $32 billion in 2016)? There's also this Digiday story about gearing up for 5G handset boom next year https://www.digitimes.com/news/a20200723PD203.html

    KevinBCook