As a Senior Technical Analyst on Wall Street, it is crucial to analyze NVIDIA Corporation (NVDA) with a focus on Technical Analysis and RSI settings. The current real-time price of NVDA stands at $182.41, and our analysis will be based on this price.
NVIDIA Corporation (NVDA) is a leading technology company known for its graphics processing units (GPUs) and semiconductor products. The stock has shown strong performance in recent years, driven by its innovation and growth in various sectors such as gaming, data centers, and autonomous vehicles. However, like any other stock, NVDA is subject to market fluctuations and technical indicators play a crucial role in understanding its price movements.
Using Technical Analysis, we can identify key support and resistance levels for NVDA based on the current price of $182.41. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It ranges from 0 to 100, with readings above 70 indicating overbought conditions and readings below 30 indicating oversold conditions.
| Year | Price Target |
|---|---|
| 2025 | $250 |
| 2026 | $300 |
| 2027 | $350 |
Based on our Technical Analysis and RSI settings, we recommend a BUY position for NVIDIA Corporation (NVDA). The stock shows strong potential for growth in the coming years, with price targets reaching $350 by 2027. Investors should keep a close eye on key support and resistance levels, as well as monitor RSI readings for potential entry and exit points.