NVDA stock showed bullish momentum with 0.35% movement on Dec 30, 2024

NVDA stock analysis on 12-30-2024, Monday

    Date:  Dec 30, 2024 (Monday)
    
    open  :  $134.84
    close :  $137.49
    low   :  $134.02
    high  :  $140.27 
    
    previous close:  $137.01 
    

Also check: Tool to spot which candlestick has formed

On Dec 30, 2024 (Monday), NVIDIA CORPORATION (NVDA) in the Technology sector showed bullish momentum of 0.35% w.r.t previous day's close. The stock belongs to the Semiconductors industry within the Technology sector.

At the opening bell, the stock started with a a gap down at $134.84, compared to the previous close of $137.01 (a gap down of -1.58%).

The stock hit a high of $140.27 and a low of $134.02, creating a trading range of $6.25. The price movement for the day was 1.97% higher than the opening price.

During the day's session, the NVIDIA CORPORATION experienced a substantial drop in trading activity, trading 166,551,037 shares, which is 25.35% lower than the average of 223,105,704 shares, like a sharp decrease in volume compared to its usual levels. This decline indicates reduced market participation or a lack of significant news to drive interest.

The stock showed moderate volatility (4.55%) with movement between $134.02 and $140.27.

If we look at the last month's 1D chart, the stock has been moving sideways, but today’s close > open forms a bullish candle, showing a positive move and indicating buying pressure as bulls take control.

Disclaimer: This analysis is provided solely for educational purposes and does not include any recommendations. For any financial decisions, it’s advised to consult with your financial advisor.

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