NVDA Stock Shows Impressive bearish Momentum with -3.12% Movement on Jan 24, 2025
Date: Jan 24, 2025 (Friday)
open : $148.36
close : $142.62
low : $141.88
high : $148.97
previous close: $147.22
Also check: Tool to spot which candlestick has formed
On Jan 24, 2025 (Friday), NVIDIA CORPORATION (NVDA) in the Technology sector showed bearish momentum of -3.12% relative to previous day's close. The stock belongs to the Semiconductors industry within the Technology sector.
At the opening bell, the stock started with a minor gap up at $148.36, compared to the previous close of $147.22 (a minor gap up of 0.77%).
NVIDIA CORPORATION which is a Large-Cap stock with market cap of 3.493T hit a high of $148.97 and a low of $141.88, creating a trading range of $7.09. The price movement for the day was -3.87% lower than the opening price.
During the day's session, the NVIDIA CORPORATION traded 232,646,692 shares, showing a modest 10.21% change compared to the average of 211,090,430 shares. This indicates a fairly typical level of market activity, with no major deviations from average trading volume.
The stock showed moderate volatility (4.97%) with movement between $141.88 and $148.97.
If we look at the last 30 days daily chart, the stock has been in a sideways market, but today’s close < open forms a bearish candle, showing a negative move and indicating selling pressure as bears 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.