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Bullish Moving Average Cross by Nvidia Corp (NVDA)

By Nick Russo

Nvidia Corp (NASDAQ:NVDA) shares have crossed bullishly above their 10-day moving average of $188.80 on a volume of 1.8 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Nvidia Corp have traded between a low of $124.46 and a high of $292.76 and are now at $190.14, which is 53% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.9%.

SmarTrend is tracking the current trend status for Nvidia Corp and will alert subscribers who have NVDA in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses nvidia corp

Ticker(s): NVDA