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Nvidia Corp Bearish Moving Average Crossover Alert (NVDA)

By Nick Russo

Nvidia Corp (NASDAQ:NVDA) crossed under its 10-day moving average of $200.41 on a volume of 676K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower 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 $222.00 and are now at $199.81, which is 61% above that low price. The 200-day and 50-day moving averages have moved 0.65% higher and 1.61% higher over the past week, respectively.

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