Our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance. Since the stock is closer to the support from accumulated volume at $125.61 (2.60%) If NVIDIA Corporation takes out the full calculated possible swing range there will be an estimated 10.82% move between the lowest and the highest trading price during the day. Which gives a possible trading interval of +/-$6.98 (+/-5.41%) up or down from last closing price. Trading Expectations For The Upcoming Trading Day Of Thursday 27thįor the upcoming trading day on Thursday, 27th we expect NVIDIA Corporation to open at $129.97, and during the day (based on 14 day Average True Range), There is a buy signal from a pivot bottom found 8 days ago.) (This stock has medium daily movements and this gives medium risk. For the last week, the stock has had daily average volatility of 5.27%. During the last day, the stock moved $6.80 between high and low, or 5.35%. This stock has average movements during the day and with good trading volume, the risk is considered to be medium.

NVIDIA finds support from accumulated volume at $125.61 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested. This may be an early warning and the stock should be followed more closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Further rise is indicated until a new top pivot has been found. A buy signal was issued from a pivot bottom point on Friday, October 14, 2022, and so far it has risen 14.87%. A breakdown below any of these levels will issue sell signals. On corrections down, there will be some support from the lines at $124.91 and $126.65. The NVIDIA stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average.

Nvda buy or sell before earnings