NVIDIA Corporation (Ticker: NV-To The Moon - Tiger Brokers Online Investing Community - To The Moon

NVIDIA Corporation (Ticker: NVDA) closed the trading session on February 26, 2024, at $790.92, marking a modest gain of 0.35% from its previous close. The day's trading range was between $785.06 and $806.4599, indicating some volatility. The stock is approaching its year high of $823.94 and is significantly above its year low of $222.97. With a market capitalization of approximately $1.98 trillion, NVDA is one of the largest players in the tech sector.

The stock’s 50-day moving average (MA) stands at $590.84, and the 200-day MA is at $471.62, showing a strong bullish trend. The Relative Strength Index (RSI14) at 69 indicates that NVDA is nearing overbought territory, which could suggest a potential consolidation or pullback in the near term. The Moving Average Convergence Divergence (MACD) at 55.84 supports the ongoing bullish trend. However, the Average True Range (ATR) at 3.92 signifies volatility, which traders should watch closely.

NVDA's technical indicators project a strong bullish trend, but caution is advised due to its nearing overbought status and volatility.

Can Nvidia Hit $850 This Week After Earnings Blowout?

NVIDIA's quarterly revenue was $22.1 billion, surpassing the expected $20.62 billion. EPS was $5.15, remarkable 486% year-over-year, also exceeding the expected $4.64. NVDA also provided very optimistic guidance. The CEO stated that demand will continue into 2025 and beyond. Most chip stocks like SMCI, AMD, ARM rise in the extended market after Nvidia's earnings beats. ------------------- Can Nvidia hit $850 this week? Which chip stock will perform best after Nvidia's earnings? What's your pick?

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The day's trading range was between $785.06 and $806.4599, indicating some volatility. The stock is approaching its year high of $823.94 and is significantly above its year low of $222.97. With a market capitalization of approximately $1.98 trillion, NVDA is one of the largest players in the tech sector.</p>\n<p>The stock’s 50-day moving average (MA) stands at $590.84, and the 200-day MA is at $471.62, showing a strong bullish trend. The Relative Strength Index (RSI14) at 69 indicates that NVDA is nearing overbought territory, which could suggest a potential consolidation or pullback in the near term. The Moving Average Convergence Divergence (MACD) at 55.84 supports the ongoing bullish trend. However, the Average True Range (ATR) at 3.92 signifies volatility, which traders should watch closely.</p>\n<p>NVDA's technical indicators project a strong bullish trend, but caution is advised due to its nearing overbought status and volatility.</p></body></html>","text":"NVIDIA Corporation (Ticker: NVDA) closed the trading session on February 26, 2024, at $790.92, marking a modest gain of 0.35% from its previous close. The day's trading range was between $785.06 and $806.4599, indicating some volatility. The stock is approaching its year high of $823.94 and is significantly above its year low of $222.97. With a market capitalization of approximately $1.98 trillion, NVDA is one of the largest players in the tech sector. The stock’s 50-day moving average (MA) stands at $590.84, and the 200-day MA is at $471.62, showing a strong bullish trend. The Relative Strength Index (RSI14) at 69 indicates that NVDA is nearing overbought territory, which could suggest a potential consolidation or pullback in the near term. The Moving Average Convergence Divergence (MACD) at 55.84 supports the ongoing bullish trend. However, the Average True Range (ATR) at 3.92 signifies volatility, which traders should watch closely. 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