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TMCNet:  Nvidia Down 12.7% Since SmarTrend Downtrend Call (NVDA)

[November 21, 2012]

Nvidia Down 12.7% Since SmarTrend Downtrend Call (NVDA)

Nov 21, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Nvidia (NASDAQ:NVDA) on September 5th, 2012 at $13.35. In approximately 3 months, Nvidia has returned 12.66% as of today's recent price of $11.66.

In the past 52 weeks, shares of Nvidia have traded between a low of $11.15 and a high of $16.90 and are now at $11.66, which is 5% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.9%.

NVIDIA Corporation designs, develops, and markets three dimensional (3D) graphics processors and related software. The Company's products provide interactive 3D graphics to the mainstream personal computer market.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Nvidia.

Log in and add Nvidia (NVDA) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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