NVDA Stock today dropped by -9.40 percent – October 7th 2022

By InvestMacro.com | #stocks #NVDA #NVIDIA

NVIDIA Corporation End of Day Update: October 7th 2022

The NVIDIA Corporation (NVDA) stock finished the day with a lowering of -9.40 percent and closed the day around the 120.76 price level, according to unofficial data at the New York close.

NVDA, a US technology company known for its GPU parts in performance computing, opened the day trading at 125.05 with the high being 126.69 while the low of the day touched 120.22.

The stock is trading below both its 20-day and 200-day moving averages as NVDA has been in a steep downtrend and trades at almost a third of its 2021 high-point.

The NVDA RSI level is Bearish

The Relative Strength Index, an indicator that can indicate overbought (above 70) and oversold levels (below 30), shows that the current RSI score is at 36.2 for a Bearish reading on the daily time-frame.

NVDA Price Trends

NVDA has fallen by -3.52 percent over the past 10 days while seeing a fall of -32.59 over the past 30 days. The 90-day change is -35.31 while the 180-day return and the 365-day return are -49.98 and -20.87, respectively.

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