(Finance) – Lively session today for Nvidiaprotagonist of an upward extension, with an increase of 2.93%.
Helping the shares is Goldman Sachs’ decision to include the chip manufacturer’s stock in its “conviction list”.
Comparing the performance of the stock with theS&P 100on a weekly basis, we notice that the chipmaker maintains positive relative strength in comparison with the index, demonstrating a greater appreciation by investors compared to the index itself (weekly performance +7.6%, compared to -0.81% of theS&P 100).
The medium-term scenario of Nvidia confirms the negative trend of the curve. However, the analysis of the short-term chart highlights an easing of the bearish phase preparatory to a rise towards the first resistance area seen at 453.5 USD. Support at 440.3. Any positive elements support the achievement of a new top seen in the 466.6 area.