NVDA Momentum Turns Negative at $228.52
NVIDIA Corp (NVDA) closed up 0.98% at $228.52 on October 13.
From a technical standpoint, the outlook appears bearish:
Moving Averages
The 9-day EMA ($230.38) and 21-day ($228.24) offer no clear directional bias currently.
Momentum
RSI at 52.8 is neutral but weakening. MACD reads 2.89 against its 3.55 signal line (bearish).
Volatility
Bollinger Band width at 10.5% indicates normal volatility.
Watch $216.29 as support and $240.34 as resistance.
