“NVIDIA Stock Dips Below Critical Moving Average Threshold”

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NVIDIA Shares Drop Below Key Support Level

Market Performance: A Closer Look at Recent Movements

During Monday’s trading session, shares of NVIDIA Corp (Symbol: NVDA) fell below their 200-day moving average, currently set at $121.60. The stock was seen trading as low as $120.80 per share, reflecting a decline of about 14.8% for the day. The following chart illustrates the performance of NVDA shares over the past year in relation to this moving average:

NVIDIA Corp 200 Day Moving Average Chart

From the chart, it is clear that NVDA’s 52-week range shows a low of $60.70 per share and a high of $153.13. The most recent trade was $120.81, indicating significant fluctuations in share value.

The DMA information for NVDA is sourced from TechnicalAnalysisChannel.com

Click here to find out which 9 other dividend stocks recently crossed below their 200-day moving average »

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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