Nvidia crop. Technical Analysis, And Nvidia crop. Price Forecast

Nvidia crop. Technical Analysis, And Nvidia crop. Price Forecast

Nvidia crop technical analysis

NVIDIA CORP. Technical Analysis: Weekly Chart

In the weekly charts, NVIDIA CORP. is trading in a down channel. NVIDIA CORP. is currently trading below all SMA.

RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 152.77 & the resistance level is at 176.98.

NVIDIA CORP. will trade in down channel until there is trend reversal.

NVIDIA CORP. Technical Analysis: Daily Chart

In the daily charts, NVIDIA CORP. is trading in down channel. NVIDIA CORP. is currently trading above 20 days SMA & below 50 and 100 days SMA.

RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 153.40 & the resistance level is at 161.15.

NVIDIA CORP. will trade in down channel until there is trend reversal.   

How to Trade NVIDIA CORP. this Week:

NVIDIA CORP. will follow the down channel until their trend reversal. So, remain bearish on NVIDIA CORP..

TRADE SUGGESTION- SELL AT 157.99, TAKE PROFIT AT 153.40 AND STOP LOSS AT 161.15

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