NVDA stock showed bearish momentum with -1.16% movement on May 23, 2025
Date: May 23, 2025 (Friday)
open : $129.99
close : $131.29
low : $129.17
high : $132.68
previous close: $132.83
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On May 23, 2025 (Friday), NVIDIA Corporation (NVDA) in the Technology sector showed bearish momentum of -1.16% 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 moderate gap down at $129.99, compared to the previous close of $132.83 (a moderate gap down of -2.14%).
NVIDIA Corporation which is a Large-Cap stock with market cap of 3.202T hit a high of $132.68 and a low of $129.17, creating a trading range of $3.51. The price movement for the day was 1.00% higher than the opening price.
During the day's session, the NVIDIA Corporation experienced a substantial drop in trading activity, trading 198,821,324 shares, which is 30.20% lower than the average of 284,860,691 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 (2.67%) with movement between $129.17 and $132.68.
If we look at the last 30 days daily chart, the stock has been trending upward, and today's close > open forms a bullish candle, reinforcing the trend and signaling strong buying pressure as bullish momentum continues.
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.