What is nvdia moving average

Nvidia's (NVDA) moving averages indicate a bearish trend in the short term. Here's a detailed analysis:

1. 5-Day Moving Average: Nvidia's 5-day moving average is $124.62, which is higher than the current closing price of $121.09 as of July 18, 2024. This suggests that the stock has been trading below its short-term moving average, indicating a bearish trend.

2. Technical Analysis Indicators:
   • The Moving Average Convergence Divergence (MACD) is 3.98, indicating a Buy signal.
   • The 20-Day exponential moving average is $125.98, and the 50-Day exponential moving average is $115.66. These are both below the current price, indicating a bullish trend.
   • The 10-Day exponential moving average is $128.35, which is slightly above the current price but still suggests a bearish trend in the short term.
3. Expert Analysis: Technical analysis sources report that Nvidia's stock price is below its 5-day, 10-day, 20-day, 50-day, and 100-day moving averages. This confirms the bearish trend indicated by the moving averages.
4. Implications: Trading below the moving averages could indicate a continuation of the recent bearish trend. This could be a cautionary signal for investors, especially if they are looking for bullish confirmation before making investment decisions.

In conclusion, Nvidia's moving averages suggest a bearish trend in the short term, which is consistent with the stock trading below its various moving averages.