NVDA Trading Predictions

NVDA trading chart for 2025-04-23

1 Day Prediction

Target: April 24, 2025
Close

$102.5

Open

$101

High

$105

Low

$100

Description

The stock shows a slight recovery potential 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 clearer signals.

Analysis

Over the past 3 months, NVDA has experienced significant volatility, with a bearish trend recently. Key support is around $100, while resistance is near $110. The RSI indicates oversold conditions, but MACD suggests continued bearish momentum. Volume spikes were noted during sell-offs, indicating strong selling pressure.

Confidence Level

7/10

Potential Risks

Market volatility and external news could impact the prediction. A sudden downturn in sentiment may lead to lower prices.

1 Week Prediction

Target: May 1, 2025
Close

$105

Open

$102

High

$108

Low

$98

Description

A potential rebound is anticipated as the stock approaches key support levels. The Bollinger Bands suggest a squeeze, indicating a possible breakout. However, the overall trend remains bearish, and caution is advised.

Analysis

The stock has been in a bearish phase, with significant price drops. Support at $100 is critical, while resistance is at $110. The ATR indicates high volatility, and recent volume spikes suggest strong selling. The market sentiment is cautious, with traders wary of further declines.

Confidence Level

6/10

Potential Risks

Unforeseen macroeconomic events or earnings reports could lead to volatility. The bearish trend may continue if selling pressure persists.

1 Month Prediction

Target: May 23, 2025
Close

$110

Open

$105

High

$115

Low

$95

Description

A gradual recovery is expected as the stock stabilizes near support levels. The RSI may recover from oversold conditions, and a bullish reversal pattern could form. However, macroeconomic factors remain a concern.

Analysis

The stock has shown significant volatility, with a bearish trend dominating. Key support at $100 and resistance at $110 are critical. The RSI indicates oversold conditions, but the MACD remains bearish. Volume patterns suggest strong selling pressure, and external factors could influence future performance.

Confidence Level

5/10

Potential Risks

Economic indicators and earnings reports could significantly impact the stock's performance. The potential for further declines exists if market sentiment worsens.

3 Months Prediction

Target: July 23, 2025
Close

$120

Open

$115

High

$125

Low

$90

Description

A potential recovery trend may emerge as the stock finds support. The MACD could turn bullish, and the RSI may stabilize. However, external economic factors could hinder growth.

Analysis

The stock has faced significant challenges, with a bearish trend prevailing. Support at $100 is crucial, while resistance is at $110. The ATR indicates high volatility, and recent volume spikes suggest strong selling. Market sentiment remains cautious, with traders closely monitoring economic indicators.

Confidence Level

4/10

Potential Risks

Market volatility and economic uncertainties could lead to unexpected price movements. The bearish trend may resume if selling pressure continues.