Nvidia Corp (NVDA) Down 0.52%; in an Uptrend Over Past 30 Days
When it failed to ricochet, the standard pattern then began for this signal.
NVDA
(Last Updated February 24, 2021)
Hello! This is the news page for Nvidia Corp. Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:
The Trend
On NVDA, there is currently an uptrend on the 90, 30 and 14 day timeframes.
NVDA Moving Averages
Across several time periods between 20 and 200 days, the trend on NVDA has remained consistently bullish.
The chart below illustrates.
Nvidia Corp (NVDA) Fares the Worst Out of mega cap US stocks, Down 1.9%; But Still in an Uptrend Over Past 14 Days
Price action traders in particular will want to note that the 90 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.
Nvidia Corp (NVDA) Outperforms All mega cap US stocks, Up 3.3%; Price Base in Formation Over Past 90 Days
Also of note is that on a 90 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward.
Nvidia Corp (NVDA) Up 1.03%, Price Base in Formation Over Past 90 Days; Pin Bar Pattern Appearing on Chart
Look at $nvda, have you ever regretted that you didn’t buy nvdia when it jumped from $35 to $150??
Nvidia Corp (NVDA) Heads Down For the 2nd Straight Day, Price Base in Formation Over Past 90 Days; Pin Bar Pattern Appearing on Chart
Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
Nvidia Corp (NVDA) Makes Big Move Relative to Past Month, Up 3.75%; Price Base in Formation Over Past 90 Days
Given that we see an uptrend on the 20 and 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
NVIDA (NVDA) Closes Last Hour Up $6.71; Moves Down For the 2nd Straight Day
This move happened on lower volume, as yesterday’s volume was down 1.89% from the day before — and down 52.14% from the same day the week before.
NVIDA (NVDA) Closes Prior Hour Down -0.77%; Heads Down For the 2nd Day In A Row
This move happened on lower volume, as yesterday’s volume was down 5.84% from the day before — and down 54.07% from the same day the week before.
NVIDA (NVDA) Price Near $544.60; Makes Big Move Relative to Past Month
As for how volume fared, yesterday’s volume was up 72.98% from the previous day (sunday), and up 124.5% from monday of the week before.
NVIDA (NVDA) Closes Last Hour Up $0.60; Breaks Above 20, 50 and 100 Day Averages
The price move occurred on volume that was down 22.15% from the day prior, but up 112.57% from the same day the week before.