NVDA Trading Predictions

NVDA trading chart for 2025-05-05

1 Day Prediction

Target: May 6, 2025
Close

$113.5

Open

$113

High

$115

Low

$112

Description

The stock shows a slight bullish trend with a recent Doji pattern indicating indecision. RSI is neutral, and MACD is close to crossing above the signal line. Expect a minor rebound as market sentiment stabilizes.

Analysis

Over the past 3 months, NVDA has experienced significant volatility, with a bearish trend recently. Key support at $100 and resistance at $140. Volume spikes indicate strong interest, but recent declines raise concerns about further downward pressure.

Confidence Level

7/10

Potential Risks

Potential volatility due to macroeconomic news could impact the prediction.

1 Week Prediction

Target: May 13, 2025
Close

$115

Open

$113.5

High

$117

Low

$111

Description

A potential recovery is indicated as the stock approaches key Fibonacci retracement levels. The MACD shows bullish divergence, suggesting upward momentum. However, market sentiment remains cautious.

Analysis

The stock has been in a bearish phase, with significant resistance at $120. Recent candlestick patterns suggest a possible reversal, but overall market sentiment remains mixed, influenced by broader economic conditions.

Confidence Level

6/10

Potential Risks

Market reactions to earnings reports or economic data could lead to unexpected volatility.

1 Month Prediction

Target: June 5, 2025
Close

$120

Open

$115

High

$125

Low

$110

Description

Expect a gradual recovery as the stock approaches the 50-day moving average. The RSI is showing signs of improvement, and volume trends suggest increasing interest. However, macroeconomic factors could still weigh heavily.

Analysis

The stock has shown a bearish trend with recent lows around $100. Key resistance at $125 and support at $110. Technical indicators suggest potential for recovery, but external factors may hinder progress.

Confidence Level

5/10

Potential Risks

Economic indicators and earnings reports could lead to significant fluctuations.

3 Months Prediction

Target: August 5, 2025
Close

$130

Open

$125

High

$135

Low

$120

Description

Long-term outlook appears bullish as the stock may break through resistance levels. Positive earnings and market sentiment could drive prices higher, but caution is advised due to potential market corrections.

Analysis

The stock has been volatile, with a bearish trend recently. Key support at $100 and resistance at $140. Technical indicators suggest potential for recovery, but external economic factors could pose risks.

Confidence Level

6/10

Potential Risks

Unforeseen market events or economic downturns could impact the stock's performance.