NVDA Trading Predictions

NVDA trading chart for 2025-04-16

1 Day Prediction

Target: April 17, 2025
Close

$106.5

Open

$106

High

$108

Low

$105

Description

The stock shows signs of consolidation around the 106 level, with recent support at 105. The RSI is neutral, and MACD indicates a potential bullish crossover. However, volatility remains high, suggesting caution.

Analysis

Over the past 3 months, NVDA has experienced significant volatility, with a bearish trend recently. Key support is at 105, while resistance is around 110. Volume spikes indicate potential reversals, but overall sentiment remains cautious.

Confidence Level

7/10

Potential Risks

Market sentiment could shift due to macroeconomic news or earnings reports, which may impact trading volume and price direction.

1 Week Prediction

Target: April 24, 2025
Close

$108

Open

$107.5

High

$110

Low

$104

Description

Expect a slight recovery as the stock tests resistance at 110. The MACD is showing bullish momentum, but the RSI is approaching overbought territory, indicating potential pullbacks.

Analysis

The stock has been in a bearish phase, with recent attempts to recover. Key resistance at 110 and support at 105 are critical. Volume analysis shows increased activity, suggesting traders are positioning for potential rebounds.

Confidence Level

6/10

Potential Risks

Uncertainty in the broader market and potential earnings surprises could lead to unexpected price movements.

1 Month Prediction

Target: May 16, 2025
Close

$112

Open

$110

High

$115

Low

$106

Description

A gradual recovery is anticipated as the stock stabilizes above 110. The bullish MACD and improving RSI suggest upward momentum, but caution is warranted due to potential market corrections.

Analysis

The stock has shown resilience despite recent declines. Key support at 106 and resistance at 115 are pivotal. Technical indicators suggest a potential bullish reversal, but external factors could impact performance.

Confidence Level

7/10

Potential Risks

Market volatility and external economic factors could disrupt the anticipated recovery, leading to price fluctuations.

3 Months Prediction

Target: July 16, 2025
Close

$120

Open

$118

High

$125

Low

$110

Description

Long-term recovery is expected as the stock breaks above 115. Positive market sentiment and strong earnings could drive prices higher, but macroeconomic uncertainties remain a risk.

Analysis

Over the past 3 months, NVDA has faced significant volatility, with a bearish trend recently. However, signs of recovery are emerging. Key resistance at 125 and support at 110 will be crucial in determining future price movements.

Confidence Level

6/10

Potential Risks

Potential economic downturns or changes in market sentiment could lead to unexpected price corrections.