NVDA Trading Predictions
1 Day Prediction
Target: April 9, 2025$104.5
$103.5
$106
$102
Description
The stock shows signs of a potential rebound after recent declines, supported by a bullish divergence in the RSI. However, the MACD remains bearish, indicating caution. Volume is expected to be moderate as traders await further market direction.
Analysis
Over the past 3 months, NVDA has experienced significant volatility, with a bearish trend recently. Key support is around $94, while resistance is near $110. The RSI indicates oversold conditions, suggesting a possible short-term bounce, but the overall trend remains uncertain.
Confidence Level
Potential Risks
Market volatility and external news could impact the prediction. A sudden negative sentiment could lead to further declines.
1 Week Prediction
Target: April 16, 2025$106
$105
$108
$103
Description
A slight recovery is anticipated as the stock may find support at $102. The Bollinger Bands suggest a potential squeeze, indicating a breakout could occur. However, the overall bearish sentiment persists, limiting upside potential.
Analysis
The stock has been in a bearish phase, with significant volume spikes indicating panic selling. The recent price action shows a potential for a short-term recovery, but the overall market sentiment remains cautious, with key resistance at $110.
Confidence Level
Potential Risks
Unforeseen macroeconomic events or earnings reports could lead to volatility. The bearish trend may resume if support levels fail.
1 Month Prediction
Target: May 8, 2025$110
$108
$115
$105
Description
A gradual recovery is expected as the stock approaches key resistance levels. The MACD may cross bullish, and the RSI could stabilize, indicating a potential trend reversal. However, caution is advised due to overall market conditions.
Analysis
The stock has shown significant volatility, with a bearish trend dominating the last few months. Key support at $94 has held, but resistance at $110 remains a challenge. The market's reaction to upcoming earnings will be crucial.
Confidence Level
Potential Risks
The potential for further declines exists if macroeconomic factors worsen. Market sentiment remains fragile, and earnings reports could sway investor confidence.
3 Months Prediction
Target: July 8, 2025$115
$112
$120
$110
Description
If the stock can maintain upward momentum, a recovery towards $115 is plausible. The technical indicators may align for a bullish trend, but external economic factors could pose risks to this outlook.
Analysis
The stock's performance has been characterized by high volatility and bearish trends. While there are signs of potential recovery, the overall market sentiment remains cautious. Key resistance levels will be critical in determining future price movements.
Confidence Level
Potential Risks
Long-term predictions are uncertain due to potential market shifts and economic conditions. A bearish reversal could occur if key support levels are breached.