Question 1

What does the Stochastic Oscillator suggest about NVDA's trend?

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 2

How did NVDA's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on September 13, 2024. You may want to consider a long position or call options on NVDA as a result. In 67 of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 83%.

Question 3

What does MACD indicator imply for NVDA?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for NVDA turned positive on September 13, 2024. Looking at past instances where NVDA's MACD turned positive, the stock continued to rise in 44 of 49 cases over the following month. The odds of a continued upward trend are 90%.

Question 4

What is the significance of the 50-day moving average indicator for NVDA?

Accepted Answer

NVDA moved above its 50-day moving average on September 12, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

What is the significance of the 10-day moving average indicator for NVDA?

Accepted Answer

The 10-day moving average for NVDA crossed bearishly below the 50-day moving average on September 06, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 8 of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 50%.

Question 6

What does a 3-day price advance indicate for NVDA?

Accepted Answer

Following a +10.22% 3-day Advance, the price is estimated to grow further. Considering data from situations where NVDA advanced for three days, in 312 of 367 cases, the price rose further within the following month. The odds of a continued upward trend are 85%.

Question 7

What does a 3-day decline signify for NVDA's future price movement?

Accepted Answer

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 50 of 62 cases within the following month. The odds of a continued downward trend are 63%.

Question 8

What does NVDA breaking above its upper Bollinger Band indicate?

Accepted Answer

NVDA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 9

How does the Aroon Indicator reflect on NVDA's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 351 of 396 cases where NVDA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 89%.

NVDA Stock NVIDIA (NVDA, $119.1) Moving Average Convergence Divergence (MACD) Histogram turned positive on September 13, 2024

NVDA's MACD Histogram crosses above signal line

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