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Nvidia Bullish Moving Average Crossover Alert (NVDA)

By Nick Russo

Nvidia (NASDAQ:NVDA) shares have crossed bullishly above their 10-day moving average of $36.64 on a volume of 979K 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, Nvidia share prices have been bracketed by a low of $19.09 and a high of $37.46 and are now at $36.84, 93% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has advanced 2.0%.

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

Keywords: moving crosses NVidia

Ticker(s): NVDA