What is the Market's View on NVIDIA Corp (NVDA) Stock's Price and Volume Trends Friday?

NVIDIA Corp (NVDA) stock is up 1.65% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

NVIDIA Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on NVDA!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With NVDA Stock Today?

NVIDIA Corp (NVDA) stock is trading at $498.00 as of 9:40 AM on Friday, Dec 29, a gain of $2.78, or 0.56% from the previous closing price of $495.22. The stock has traded between $497.31 and $499.97 so far today. Volume today is low. So far 300,625 shares have traded compared to average volume of 40,110,966 shares. To see InvestorsObserver's Sentiment Score for NVIDIA Corp click here.

More About NVIDIA Corp

Nvidia is the top designer of discrete graphics processing units that enhance the experience on computing platforms. The firm's chips are used in a variety of end markets, including high-end PCs for gaming, data centers, and automotive infotainment systems. In recent years, the firm has broadened its focus from traditional PC graphics applications such as gaming to more complex and favorable opportunities, including artificial intelligence and autonomous driving, which leverage the high-performance capabilities of the firm's products. Click Here to get the full Stock Report for NVIDIA Corp stock.