By InvestMacro.com | #stocks #NVDA #NVIDIA
NVIDIA Corporation End of Day Update: October 13 2022
The NVIDIA Corporation (NVDA) stock finished the day with an advance of 9.01 percent and closed the day around the 119.60 price level, according to unofficial data at the New York close.
NVIDIA, a technology company that is recognized as a leader in GPU units for computers, opened the trading day at 109.71 price level with the high of the day at 120.78 and the low of the day falling to 108.13.
NVIDIA’s stock had fallen in four out of the previous five days and has dipped to trading at its lowest levels in two years, dating back to August 2020.
The NVDA Trend is Lower, RSI level is Bearish
The stock is currently trending sharply lower over the past 200 trading days, according to the linear regression line (red) seen on the chart below. NVDA has lost approximately over half of its share price value since December 2021.
The Relative Strength Index, an indicator that can identify overbought (above 70) and oversold levels (below 30), shows that the current RSI is at a 38.5 score. This is a Bearish reading on the daily time-frame.
Free Reports:
Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.
Sign Up for Our Stock Market Newsletter – Get updated on News, Charts & Rankings of Public Companies when you join our Stocks Newsletter
NVDA Price Returns (Closing Price Changes)
The NVDA is lower by -2.13 percent over the past 10 days while seeing a step lower by -20.76 over the past 30 days. The 90-day change is -36.32 while the 180-day return and the 365-day return are -47.46 and -16.59, respectively.
By InvestMacro.com – – Get our stock market newsletter for stock rankings, charts & updates
![investmacro cot newsletter](https://investmacro.com/wp-content/uploads/2022/10/bot_ad_fx.png)
- COT Metals Charts: Speculator Bets led higher by Silver, Platinum & Gold Feb 9, 2025
- COT Bonds Charts: Speculator Bets led lower by 5-Year Bonds & SOFR 3-Months Feb 9, 2025
- COT Soft Commodities Charts: Speculator Bets led by Soybean Meal, Wheat & Corn Feb 9, 2025
- COT Stock Market Charts: Speculator Changes led by S&P500 & MSCI EAFE Feb 9, 2025
- The Reserve Bank of India cut rates for the first time in 5 years. The Bank of Mexico continued monetary policy easing Feb 7, 2025
- Week Ahead: USD faces triple risk – Tariffs, Powell & CPI Feb 7, 2025
- Vietnam’s inflation rate rose to a 6-month high. The Mexican peso continues to weaken against the US dollar Feb 6, 2025
- A weak JOLTS report reinforced the likelihood of multiple Fed rate cuts this year Feb 5, 2025
- Bitcoin hammered by US-China trade tensions Feb 5, 2025
- Trump suspended planned tariffs on Mexico and Canada after talks with their leaders Feb 4, 2025