Technical Analysis about NVDA

Nvidia's stock performance and technical indicators suggest a bullish outlook with potential for continued growth. Here's a detailed analysis:

1. **Current Price and Recent Performance**: As of July 24, 2025, Nvidia's closing price was $173.74, reflecting a 1.73% increase from the previous day. This indicates positive momentum in the stock.

|code|Ticker|Name|Date|Closing Price|market_code|
|---|---|---|---|---|---|
|NVDA|NVDA.O|Nvidia|20250724|173.74|185|

2. **Technical Indicators**:
- The MACD (Moving Average Convergence Divergence) was -0.35, suggesting that the stock is currently oversold, which could precede a potential reversal.
- The RSI (Relative Strength Index) was 70.18, indicating that the stock is neither overbought nor oversold, and thus, suggests a balanced momentum.
- The KDJ (Stochastic Oscillator) was 80.82, which is high and could suggest that the stock is overbought, potentially leading to a pullback.
- The Bollinger Bands were at $164.26, and the stock is trading above this level, which could be seen as a bullish signal, indicating that the stock is strong relative to its recent volatility.

|code|Ticker|Name|Date|Boll|RSI|KDJ|MACD|market_code|
|---|---|---|---|---|---|---|---|---|
|NVDA|NVDA.O|Nvidia|20250724|164.2635|70.1824|80.8156|-0.3483|185|

3. **Moving Averages**:
- The 5-Day, 10-Day, and 20-Day moving averages were $171.07, $169.94, and $164.26, respectively. The stock is trading above these short-term moving averages, which is a bullish signal.
- The 30-Day, 50-Day, and 60-Day moving averages were $157.99, $149.49, and $143.67, respectively. The stock is also trading above these longer-term moving averages, indicating a bullish trend.

|code|Ticker|Name|Date|Moving Average|market_code|
|---|---|---|---|---|---|
|NVDA|NVDA.O|Nvidia|20250724|171.0680|185|

4. **Fibonacci Retracement**: The 618 Fibonacci Retracement over the past year was $140.78. This level could be a potential support zone if the stock were to experience a pullback.

|code|Ticker|Name|market_code|
|---|---|---|---|
|NVDA|NVDA.O|Nvidia|185|

5. **Analyst Sentiment and Price Targets**: Analysts have set high price targets for Nvidia, with some forecasting a $1,000 share price by 2030. This suggests that the stock could have significant upside potential in the coming years.
6. **Market Position and Growth Prospects**: Nvidia's leadership in AI and data center infrastructure, coupled with strong earnings growth and high profit margins, positions it well for continued growth. The company's partnerships and technological advancements further support this positive outlook.

In conclusion, Nvidia's technical indicators and market sentiment suggest a bullish trend. Investors may consider buying below $60, targeting $65 in the short term, given the stock's recent performance and the historical win rate of 67% with an average gain of 7.97% for dividend announcement signals. However, it's important to note that high RSI values and potential overbought conditions could lead to a pullback or consolidation in the near term.