NVIDIA Technical Analysis (NASDAQ:NVDA)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. Just by looking at the NVIDIA stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the NVDA stock chart which creates a trading signal.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for NVIDIA. Technical analysis uses an approach for NVIDIA stock analysis that does not care for the fair value of a company but uses price and volume data only.
NVIDIA Moving Average
Moving averages show the NVDA stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $242.5 is below the price of $249.58.
NVIDIA Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like NVIDIA. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the upper band in the context of NVIDIA bollinger bands.
NVIDIA Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The NVIDIA MACD indicator can be used to identify bullish and bearish trends for the stock.
NVIDIA Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 57.25 is the RSI value of NVDA stock.