$NVIDIA(NVDA)$ is highly popular with positive sentiment, but caution is advised due to potential rapid sell-offs by institutions using algorithms.
Nvidia's strong technical indicators include 100% buy signals, significant price gains, and a Trend Seeker buy signal, despite recent minor losses.
Fundamental factors show impressive revenue and earnings growth expectations, but failure to meet these could result in significant stock drops.
Analysts are generally bullish with high price targets, but the stock remains volatile and speculative; diversification and stop-loss strategies are recommended.
Technical Indicators:
100% technical buy signals
114.25+ Weighted Alpha
150.06% gain in the last year
Trend Seeker buy signal
1.64 - 60 month Beta
Above its 20, 50 and 100 day moving averages
5 new highs and up 0.62% in the last month
Relative Strength Index 46.68% (below 50% is a cautionary signal for me)
Technical support level at $133.45
Recently traded at $135.91 with 50 day moving average of $139.87
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