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Uptrend ExhaustionArchive
- 5/2/2025 -
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NVIDIA Corp. (NVDA) Technical Analysis
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| Summary:
| | | Weekly : | | Daily : 
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| | It was a second consecutive positive week for the NVIDIA Corp. (NVDA). During the week, the NVDA gained 3.50 points, or 3.15%, and closed at 114.50 on Friday, May 2, 2025. Weekly volume was -31% below average.
 Long-term trend: [See NVDA long-term trend chart]
A long-term downtrend had started on January 7, 2025 at 153.10 and reached 86.60 on April 7, 2025. NVDA lost 66.50 points, or 43.44%, in 12 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 75.80 and resistance is at 124.72. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
 Medium-term trend: [See NVDA medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 86.60 and reached 115.40 on May 2, 2025. NVDA gained -28.80 points, or -33.26%, in 3 weeks. Price is near the trend high.
 Weekly Technical Indicators: [See NVDA weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since November 22, 2024. The distance between MACD and the signal line is relatively high, but getting smaller. Use the following link to access a MACD help.
Short-term trend: [See NVDA short-term trend chart]
A short-term uptrend had started on April 21, 2025 at 95.04 and reached 115.40 on May 2, 2025. NVDA gained -20.36 points, or -21.42%, in 11 days. Price is near the trend high.
 Daily Technical Indicators: [See NVDA daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The daily MACD line is above its signal line since April 23, 2025. This is an indication that the short-term trend is up.
During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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