Explanation to Bollinger's Bands

Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.

Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.

Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation

BandWidth defines the current width of the band.
%b defines the current position within the band.

BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)

Live Samples:

Bollinger Bottleneck Buy Pattern 1
Bollinger Bottleneck Buy Pattern 2
Bollinger Bottleneck Sell Pattern

Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.

Source: http://www.bollingerbands.com

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
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Green day on Thursday for NVIDIA
(Updated on Mar 28, 2024)

Buy or Hold candidate since Jan 05, 2024 Gain 84.04% PDF

The NVIDIA stock price gained 0.117% on the last trading day (Thursday, 28th Mar 2024), rising from $902.50 to $903.56. During the last trading day the stock fluctuated 2.36% from a day low at $891.93 to a day high of $912.98. The price has risen in 7 of the last 10 days and is up by 2.74% over the past 2 weeks. Volume fell on the last day by -15 million shares and in total, 43 million shares were bought and sold for approximately $38.98 billion. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 99.14% during the next 3 months and, with a 90% probability hold a price between $1,755.11 and $1,939.31 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

NVDA Signals & Forecast

A sell signal was issued from a pivot top point on Monday, March 25, 2024, and so far it has fallen -4.89%. 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). Some positive signals were issued as well, and these may have some influence on the near short-term development. The NVIDIA stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $920.38. On a fall, the stock will find some support from the long-term average at approximately $829.43. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for NVIDIA stock

NVIDIA finds support from accumulated volume at $875.28 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 $21.05 between high and low, or 2.36%. For the last week, the stock has had daily average volatility of 3.80%.

Our recommended stop-loss: $858.00 (-5.04%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 3 days ago.)

Trading Expectations (NVDA) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect NVIDIA Corporation to open at $902.82, and during the day (based on 14 day Average True Range), to move between $866.25 and $940.87, which gives a possible trading interval of +/-$37.31 (+/-4.13%) up or down from last closing price. If NVIDIA Corporation takes out the full calculated possible swing range there will be an estimated 8.26% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $908.88 (0.59%) than the support at $875.28 (3.13%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is NVIDIA Corporation stock A Buy?

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

Current score: 2.068 Buy Candidate Unchanged

Predicted Opening Price for NVIDIA Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$902.82 ( 0.0815%) $903.56

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
Resistance R3 923.87 2.25 %
R2 915.83 1.36 %
R1 910.86 0.81 %
Current price: 903.56
Support S1 894.78 -0.97 %
S2 889.81 -1.52 %
S3 881.77 -2.41 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 942.89 4.35 %
R2 919.13 1.72 %
R1 908.88 0.589 %
Current price 903.56
Support S1 875.28 -3.13%
S2 788.17 -12.77%
S3 785.38 -13.08%

NVDA Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 21, 2024 Mar 05, 2024 Mar 27, 2024 $0.0400 0.0044%
2 Nov 21, 2023 Dec 05, 2023 Dec 28, 2023 $0.0400 0.0081%
3 Aug 23, 2023 Sep 06, 2023 Sep 28, 2023 $0.0400 0.0093%
4 May 24, 2023 Jun 07, 2023 Jun 30, 2023 $0.0400 0.0095%
5 Feb 22, 2023 Mar 07, 2023 Mar 29, 2023 $0.0400 0.0148%

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?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

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 2024-03-28, the price of an NVIDIA (NVDA) share was $903.56.

What is the 52-week high and low for NVIDIA Stock?
The 52-week high for NVIDIA Stock is $974.00 and the 52-week low is $262.20.

What is the market capitalization of NVIDIA Stock?
As of the 2024-03-28, the market capitalization of NVIDIA is 2.256T.

When is the next earnings date for NVIDIA?
The upcoming earnings date for NVIDIA is May 22, 2024.
Click to get the best stock tips daily for free!

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

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT