NVDA Trading Predictions

NVDA trading chart for 2025-04-24

1 Day Prediction

Target: April 25, 2025
Close

$104.5

Open

$103.5

High

$106

Low

$102

Description

The stock shows a slight bullish trend with a potential bounce from recent lows. RSI indicates oversold conditions, while MACD is showing a 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 around $100, while resistance is near $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 the stock's performance.

1 Week Prediction

Target: May 2, 2025
Close

$106

Open

$105

High

$108

Low

$104

Description

A potential recovery is indicated as the stock approaches key support levels. The Bollinger Bands suggest a narrowing range, which may lead to a breakout. However, external factors could still influence the market.

Analysis

The stock has been in a bearish phase, with recent lows suggesting a possible reversal. Key support at $100 and resistance at $110 are critical. Technical indicators show mixed signals, indicating uncertainty in the market.

Confidence Level

6/10

Potential Risks

Unforeseen market events or earnings surprises could lead to increased volatility, impacting the accuracy of this prediction.

1 Month Prediction

Target: May 24, 2025
Close

$110

Open

$108

High

$115

Low

$105

Description

If the bullish momentum continues, NVDA could reach $110, supported by a potential recovery in market sentiment. However, resistance levels may pose challenges, and external economic factors could hinder growth.

Analysis

The stock has shown a bearish trend recently, with significant fluctuations. Key support at $100 and resistance at $110 are crucial. Technical indicators suggest potential for recovery, but caution is advised due to market conditions.

Confidence Level

5/10

Potential Risks

Market volatility and economic indicators could lead to unexpected price movements, affecting the prediction's reliability.

3 Months Prediction

Target: July 24, 2025
Close

$120

Open

$118

High

$125

Low

$115

Description

If the market stabilizes and positive sentiment returns, NVDA could see a gradual increase towards $120. However, macroeconomic factors and earnings reports will play a significant role in this trajectory.

Analysis

The stock has faced significant challenges over the past three months, with a bearish trend dominating. Key support at $100 and resistance at $110 are critical. Technical indicators show potential for recovery, but external factors remain a concern.

Confidence Level

4/10

Potential Risks

Long-term predictions are inherently uncertain, especially with potential market shifts and economic changes that could impact stock performance.