Nvidia (NASDAQ:NVDA) is trading 1.1% higher (up $0.14 to $13.02) today on volume of 7,115,339 shares. The stock is trading near its 52-week high of $14.12. We are watching for a close above that level.

Nvidia is currently above its 50-day moving average of $11.13 and above its 200-day moving average of $9.36.

SmarTrend is bullish on shares of NVDA and our subscribers received an Uptrend alert on May 27, 2009 at $10.44, which has returned 24.7% to date.

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