Nvidia crop. Technical Analysis, And Nvidia crop. Price Forecast
11 Jul 2022
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..