Is Momentum Changing for NVIDA? Price Just Crossed Above Its 200 Day Moving Average

2 mins read

The Daily View for NVIDA At the moment, NVDA’s price is up $2.43 (0.48%) from the day prior. It’s been a feast for bulls operating on the daily timeframe, as NVIDA has now gone up 4 of the past 5 days. From a daily perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 day timeframes. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity…

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