![]() With no support below and resistance from accumulated volume 8.42€ (7.02%) our system find the risk reward not very attractive. If NVIDIA Corporation takes out the full calculated possible swing range there will be an estimated 10.12% move between the lowest and the highest trading price during the day. Which gives a possible trading interval of +/-6.07€ (+/-5.06%) up or down from last closing price. Trading Expectations For The Upcoming Trading Day Of Tuesday 11thįor the upcoming trading day on Tuesday, 11th we expect NVIDIA Corporation to open at 120.69€, and during the day (based on 14 day Average True Range), ![]() We hold a negative evaluation for this stock. For the last week the stock has had daily average volatility of 4.10%. During the last day, the stock moved 6.36€ between high and low, or 5.40%. This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. ![]() Volume fell along with the price during the last trading day, which is technical positive. Further fall is indicated until a new bottom pivot has been found. A sell signal was issued from a pivot top point on Thursday, August 18, 2022, and so far it has fallen -35.35%. A break-up above any of these levels will issue buy signals. On corrections up, there will be some resistance from the lines at 128.19€ and 138.82€. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. The NVIDIA Corporation stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. 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).
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