NVDA Trading Predictions

NVDA trading chart for 2025-04-17

1 Day Prediction

Target: April 18, 2025
Close

$102

Open

$103

High

$104

Low

$100

Description

Given the recent bearish trend and the closing price drop, the prediction reflects continued selling pressure. The RSI indicates oversold conditions, but a potential bounce could occur. Volume remains high, suggesting strong market activity.

Analysis

Over the past 3 months, NVDA has shown a bearish trend with significant price drops. Key support levels are around $100, while resistance is near $110. The RSI is low, indicating oversold conditions, but MACD shows bearish momentum. Volume spikes suggest strong selling pressure.

Confidence Level

7/10

Potential Risks

Market volatility and potential news could impact the price significantly.

1 Week Prediction

Target: April 25, 2025
Close

$105

Open

$102

High

$108

Low

$101

Description

A slight recovery is anticipated as the stock may find support at $100. The RSI may begin to recover, indicating potential buying interest. However, bearish sentiment remains prevalent, and caution is advised.

Analysis

The stock has been in a downtrend, with significant resistance at $110. Recent candlestick patterns show indecision, and the ATR indicates high volatility. Volume analysis suggests strong selling, but a potential reversal could occur if support holds.

Confidence Level

6/10

Potential Risks

Unforeseen market events or earnings reports could lead to further declines.

1 Month Prediction

Target: May 25, 2025
Close

$110

Open

$106

High

$115

Low

$105

Description

If the stock stabilizes, a gradual recovery towards $110 is possible. The RSI may normalize, and bullish divergence could form if the price holds above $100. However, macroeconomic factors could still weigh heavily.

Analysis

The stock has faced significant downward pressure, with key support at $100. The MACD is bearish, but a potential bullish divergence may form. Volume patterns indicate strong selling, but a recovery could occur if market sentiment improves.

Confidence Level

5/10

Potential Risks

Economic indicators and market sentiment could shift, impacting recovery.

3 Months Prediction

Target: July 17, 2025
Close

$120

Open

$118

High

$125

Low

$115

Description

Assuming a recovery in market sentiment and stabilization of the stock, a rise towards $120 is plausible. The RSI may indicate a bullish trend if the price breaks above resistance levels. However, external factors remain a risk.

Analysis

The stock has been in a bearish phase, with significant resistance at $125. The ATR indicates high volatility, and the MACD remains bearish. Volume analysis shows strong selling pressure, but a potential recovery could occur if market conditions improve.

Confidence Level

4/10

Potential Risks

Market volatility and economic conditions could hinder recovery efforts.