AI-driven Success: Trader Robot Elevates $NVDA
Aroon Indicator Signals Bullish Momentum:
One crucial indicator that caught the attention of traders is the Aroon Indicator for NVDA. Triggering a bullish signal on January 19, 2024, Tickeron's A.I.dvisor identified a favorable setup. The AroonUp green line surging above 70 while the AroonDown red line remained below 30 signifies potential bullish momentum. In historical instances with a similar Aroon Indicator pattern, the stock moved higher in 86% of cases, according to A.I.dvisor's analysis of 367 occurrences. This provides traders with valuable insights, suggesting a high probability of an upward move.
Earnings Triumph and Market Capitalization:
The last earnings report on November 21 showcased NVDA's financial strength, reporting earnings per share of $4.02, surpassing the estimate of $3.36. With a total of 21.37 million shares outstanding, NVDA's current market capitalization stands at a formidable $1.12 trillion. This places NVDA at the pinnacle of the Semiconductors Industry in terms of valuation, surpassing other companies with a significant margin.
Market Cap Comparative Analysis:
Comparing NVDA's market capitalization within the Semiconductors Industry reveals its dominance. With an average market capitalization of $31.22 billion in the industry, NVDA's valuation of $1.12 trillion underscores its market leadership. In contrast, the lowest-valued company in the industry, CYBL, lags significantly behind with a market capitalization of only $13.43 thousand.
Price Movements and Industry Trends:
Examining price movements within the Semiconductors Industry provides a broader context. While the average weekly, monthly, and quarterly price growth across all stocks in the industry were -2%, -1%, and 2%, respectively, NVDA's resilience is evident. Notably, LEDS experienced the highest price growth at 27%, while NA encountered the steepest fall at -26%. NVDA's ability to weather market fluctuations positions it favorably in the semiconductor landscape.
Volume Dynamics:
Analyzing volume trends further enhances our understanding. Despite the average weekly volume growth across all Semiconductors Industry stocks being -24%, NVDA's performance stands out. While the average monthly volume growth in the industry was 28%, NVDA remained robust. The average quarterly volume growth of -31% in the industry contrasts with NVDA's ability to maintain stability.
In summary, the combination of favorable technical indicators, strong earnings, and market dominance cements NVDA's position as a noteworthy player in the semiconductor market. Traders and investors alike may find valuable opportunities by closely monitoring NVDA's future movements and the broader industry trends.
NVDA's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for NVDA turned positive on November 07, 2024. Looking at past instances where NVDA's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 06, 2024. You may want to consider a long position or call options on NVDA as a result. In of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NVDA advanced for three days, in of 373 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 375 cases where NVDA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for NVDA moved out of overbought territory on November 08, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 46 similar instances where the indicator moved out of overbought territory. In of the 46 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NVDA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
NVDA broke above its upper Bollinger Band on November 07, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. NVDA’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 70, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: NVDA's P/B Ratio (61.728) is very high in comparison to the industry average of (8.303). P/E Ratio (68.575) is within average values for comparable stocks, (56.155). Projected Growth (PEG Ratio) (1.130) is also within normal values, averaging (3.078). NVDA has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.021). P/S Ratio (37.879) is also within normal values, averaging (47.009).
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General Information
a manufacturer of computer graphics processors, chipsets, and related multimedia software
Industry Semiconductors