RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of NVDA
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NVIDIA stock price up 4.76% on Monday
(Updated on Jul 22, 2024)

Sell candidate since Jul 17, 2024 Gain 4.70% PDF

The NVIDIA stock price gained 4.76% on the last trading day (Monday, 22nd Jul 2024), rising from $117.93 to $123.54. During the last trading day the stock fluctuated 3.51% from a day low at $119.86 to a day high of $124.07. The price has been going up and down for this period, and there has been a -3.63% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 39 million more shares were traded than the day before. In total, 252 million shares were bought and sold for approximately $31.18 billion.

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $118.80 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 51.98% during the next 3 months and, with a 90% probability hold a price between $180.55 and $235.04 at the end of this 3-month period.

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NVDA Signals & Forecast

There are mixed signals in the stock today. The NVIDIA stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $124.70. On a fall, the stock will find some support from the short-term average at $123.51. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Tuesday, June 18, 2024, and so far it has fallen -8.88%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for NVIDIA stock

NVIDIA finds support from accumulated volume at $121.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $4.21 between high and low, or 3.51%. For the last week, the stock has had daily average volatility of 4.02%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (NVDA) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect NVIDIA Corporation to open at $122.49, and during the day (based on 14 day Average True Range), to move between $117.97 and $129.11, which gives a possible trading interval of +/-$5.57 (+/-4.51%) up or down from last closing price. If NVIDIA Corporation takes out the full calculated possible swing range there will be an estimated 9.01% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $121.00 (2.06%) than the resistance at $126.09 (2.06%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is NVIDIA Corporation stock A Buy?

NVIDIA holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -3.066 Sell Candidate Unchanged

Predicted Opening Price for NVIDIA Corporation of Tuesday, July 23, 2024

Fair opening price July 23, 2024 Current price
$122.49 ( 0.85%) $123.54

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for NVDA

Fibonacci Support & Resistance Levels

Level Price
R3 126.70 2.56%
R2 125.09 1.26%
R1 124.10 0.452%
Price 123.54
S1 120.88 -2.15%
S2 119.89 -2.96%
S3 118.28 -4.26%

Accumulated Volume Support & Resistance Levels

Level Price
R3 130.78 5.86%
R2 126.57 2.45%
R1 126.09 2.06%
Price 123.54
S1 121.00 -2.06%
S2 113.90 -7.80%
S3 103.80 -15.98%

NVDA Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 22, 2024 Jun 11, 2024 Jun 28, 2024 $0.0100 0.0081%
2 May 17, 2024 May 29, 2024 Jun 04, 2024 $0.0400 0.0344%
3 Feb 21, 2024 Mar 05, 2024 Mar 27, 2024 $0.0400 0.0443%
4 Nov 21, 2023 Dec 05, 2023 Dec 28, 2023 $0.0400 0.0808%
5 Aug 23, 2023 Sep 06, 2023 Sep 28, 2023 $0.0400 0.0928%

FAQ

What is the symbol for NVIDIA Stock and on which exchange is it traded?
The symbol for NVIDIA is NVDA and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell NVIDIA Stock?
NVIDIA holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy NVIDIA Stock?
NVIDIA Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy NVIDIA Stock.

What's the current price of NVIDIA Stock?
As of the end of day on the Jul 22, 2024, the price of an NVIDIA (NVDA) share was $123.54.

What is the 52-week high and low for NVIDIA Stock?
The 52-week high for NVIDIA Stock is $140.76 and the 52-week low is $39.23.

What is the market capitalization of NVIDIA Stock?
As of the Jul 22, 2024, the market capitalization of NVIDIA is 2.901T.

When is the next earnings date for NVIDIA?
The upcoming earnings date for NVIDIA is Aug 28, 2024.
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About NVIDIA Corporation

NVIDIA NVIDIA Corporation provides graphics, and compute and networking solutions in the United States, Taiwan, China, and internationally. The company's Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; vGPU software for cloud-based visual and virtual computing; automotive platforms fo... NVDA Profile

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