Traders Watch NVDA Squeeze Closely at $212.50
The stock of NVIDIA Corp (NVDA) climbed 0.34% to close at $212.50 on July 16.
From a technical standpoint, the outlook appears bullish:
Moving Averages
Moving averages are stacked bullishly—9-day EMA ($205.87) supports, 21-day ($204.56) below.
Momentum
RSI at 56.4 is neutral but improving. MACD is bullish (0.17 vs signal -1.77).
Volatility
A 10-day TTM Squeeze suggests volatility is coiled and a breakout may be imminent.
The $189.71-$214.72 range defines near-term boundaries.
