NVDA Trading Predictions

NVDA trading chart for 2025-04-03

1 Day Prediction

Target: April 4, 2025
Close

$105

Open

$104.5

High

$107

Low

$103.5

Description

The stock shows bearish momentum with a recent close below key support levels. RSI indicates oversold conditions, but MACD suggests potential for a slight rebound. Expect volatility due to recent trading volume spikes.

Analysis

Over the past 3 months, NVDA has experienced significant volatility, with a bearish trend evident since late January. Key support at $105 is critical, while resistance is around $120. Volume spikes indicate heightened trading activity, suggesting uncertainty.

Confidence Level

7/10

Potential Risks

Market sentiment is weak, and any negative news could further impact prices. Watch for potential reversal patterns.

1 Week Prediction

Target: April 11, 2025
Close

$107.5

Open

$106

High

$110

Low

$104

Description

A slight recovery is anticipated as the stock may bounce off support levels. However, bearish sentiment persists, and any negative macroeconomic news could hinder upward movement.

Analysis

The stock has been in a bearish phase, with significant resistance at $110. Recent candlestick patterns show indecision, and the RSI is approaching neutral territory. Volume analysis indicates a lack of strong buying interest.

Confidence Level

6/10

Potential Risks

Potential for further declines if market conditions worsen. Watch for external economic factors that could influence sentiment.

1 Month Prediction

Target: May 3, 2025
Close

$110

Open

$108

High

$115

Low

$105

Description

Expect a gradual recovery as the stock may stabilize around $110. Technical indicators suggest potential for a bullish reversal, but caution is warranted due to overall market conditions.

Analysis

The stock has shown a bearish trend, but recent price action suggests a potential bottoming pattern. Key resistance at $115 remains a challenge. Volume trends indicate cautious optimism, but overall sentiment is mixed.

Confidence Level

5/10

Potential Risks

Market volatility and external economic factors could derail recovery efforts. Watch for earnings reports and macroeconomic data.

3 Months Prediction

Target: July 3, 2025
Close

$115

Open

$113

High

$120

Low

$110

Description

A more bullish outlook is possible as the stock may recover towards $115. However, macroeconomic factors and market sentiment will play a crucial role in sustaining this upward trend.

Analysis

The stock has been under pressure, but signs of stabilization are emerging. Key resistance at $120 will be critical. Technical indicators show potential for recovery, but external factors could influence the trajectory.

Confidence Level

6/10

Potential Risks

Unforeseen market events or negative news could impact recovery. Watch for changes in trading volume and market sentiment.