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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

NVIDIA Corporation (NASDAQ:NVDA)

Weak Downtrend (-65) - NVDA is showing signs of a strengthening downtrend. Monitor NVDA as it may be building momentum to the downside.

Is it time to buy, sell, or avoid NVDA?

MarketClub looks at technical strength and momentum to determine if the timing is right for NVDA.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NVDA
Open High Low NVDA Price Change
850.1400 861.8999 824.0200 846.7100 +6.3600
Entry Signal

MarketClub’s Trade Triangles for NVDA

long term up The long-term trend has been UP since Nov 20th, 2023 at 502.6600

intermediate term down The intermediate-term trend has been DOWN since Apr 9th, 2024 at 850.1000

short term down The short-term trend has been DOWN since Apr 17th, 2024 at 859.2901

Smart Scan Analysis for NVDA

Based on our trend formula, NVDA is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NVDA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
850.1400 861.8999 824.0200 846.7100 +6.3600
Prev. Close Volume Bid Ask Time
846.7100 44365359 2024-04-18 16:15:19
Year High292.76Year High Date2018-10-02
Year Low133.31Year Low Date2018-11-20
52wk High97452wk High Date2024-03-08
52wk Low262.2552wk Low Date2023-04-25
Year End Close12.26Average Volume46,325,885
Shares Outstanding2,500,000Short Interest16,669,716
% Institutional68.2Market Cap112,256M
Assets657,280,000MLiabilities227,500,000M
P/E Ratio73.2733Beta1.64
Volatility95.78
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