NVDA Surges 3.3% in a Day, Market Cap Rises by $23.9B
AI Robots: Day Trader, Swing Trader, and More
In a single day, NVDA (NVIDIA Corporation) experienced a significant surge in its stock price, jumping by +3.3% to reach $301.78 per share. This impressive increase in value also led to a substantial rise in the company's market capitalization, which rose by $23.9 billion to a total of $746.3 billion.
The positive movement in NVDA's stock can be attributed to various factors, including favorable market conditions, strong financial performance, and investor confidence in the company's future prospects. NVDA is a leading player in the semiconductor industry, renowned for its advanced graphics processing units (GPUs) and artificial intelligence (AI) technologies.
To gain further insights into the overall performance of the Semiconductors industry, we can turn to A.I.dvisor, a financial analytics tool. According to A.I.dvisor's analysis, out of the 163 stocks within the Semiconductors industry, 93.75%, or 153 stocks are currently experiencing an uptrend, while 6.25% or 10 stocks are facing a downtrend.
This information suggests a predominantly positive outlook for the Semiconductors industry, with a majority of companies enjoying an upward trajectory. The strong performance of the industry as a whole reinforces the positive sentiment surrounding NVDA's stock movement, as it operates within this sector.
Investors and market participants closely monitor the performance of the Semiconductors industry due to its crucial role in various technology-driven sectors such as computing, gaming, and telecommunications. The industry's growth is often indicative of broader technological advancements and economic trends.
As with any investment, it's important to conduct thorough research and analysis before making any financial decisions. While NVDA's recent stock price increase and the industry's positive momentum may be encouraging, it's crucial to consider various factors such as market volatility, competition, and company-specific developments.
NVDA in +8.04% Uptrend, growing for three consecutive days on January 06, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where NVDA advanced for three days, in of 373 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on December 30, 2024. You may want to consider a long position or call options on NVDA as a result. In of 79 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for NVDA just turned positive on December 24, 2024. Looking at past instances where NVDA's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
NVDA moved above its 50-day moving average on January 03, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for NVDA crossed bullishly above the 50-day moving average on January 07, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 64 cases where NVDA's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NVDA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
NVDA broke above its upper Bollinger Band on January 06, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for NVDA entered a downward trend on December 27, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 69, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. NVDA’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: NVDA's P/B Ratio (49.020) is slightly higher than the industry average of (11.753). P/E Ratio (52.017) is within average values for comparable stocks, (57.294). Projected Growth (PEG Ratio) (0.944) is also within normal values, averaging (3.171). NVDA has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.021). P/S Ratio (28.902) is also within normal values, averaging (50.345).
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a manufacturer of computer graphics processors, chipsets, and related multimedia software
Industry Semiconductors