Trading Signals: NVDA Stock Price Prediction and Forecast

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Wed. Jun. 10, 2020

Trading Signals: NVDA Stock Price Prediction and Forecast (Tue. Jul. 26, 2016 - Thu. Apr. 18, 2024)

(Nvidia Stock)
NVDA latest price $93.6675 (3.55%) ($91.5350 - $95.0000) on Wed. Jun. 10, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.24% (three month average)
RSI   56
Latest Price   $93.6675(3.55%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   NVDA advances 1.4% a day on average for past five trading days.
Weekly Trend   NVDA advances 1.2% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support NVDA advance at 0% a week (0% probability)
QQQ(79%)    IWF(78%)    IVW(76%)    FIVG(75%)    SPY(68%)
Factors Impacting NVDA price   NVDA will decline at least -2.62% in a week (0% probabilities).
VIXM(-36%)    UUP(-19%)    VXX(-15%)    TBT(-8%)    IYT(1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.62% (StdDev 5.24%)
Hourly BBV 1.3 ()
Intraday Trend 2.2%

5 Day Moving Average   $89.81(4.3%)
10 Day Moving Average   $88.77(5.52%)
20 Day Moving Average   $87.41(7.16%)
To recent high   0%
To recent low   90.8%
Market Cap   $57.606b

NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the Graphics Processing Unit (GPU) and Tegra Processor segments. The GPU segment comprises of product brands, which aims specialized markets including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud-based visual computing users. The Tegra Processor segment integrates an entire computer onto a single chip, and incorporates GPUs and multi-core CPUs to drive supercomputing for autonomous robots, drones, and cars, as well as for consoles and mobile gaming and entertainment devices. The company was founded by Jen-Hsun Huang, Chris A. Malachowsky, and Curtis R. Priem in January 1993 and is headquartered in Santa Clara, CA.

$. NVDA price fluctuates within 3.87% (three month std-dev: 5.24%) daily (68% of days).

Sample size 31 Average positive next day return: 2.88%(65%) Average negative next day return: -0.98%(35%) Sample size 31 Average positive next three day return: 3.77%(58%) Average negative next three day return: -2.98%(42%) Sample size 31 Average positive next weekly return: 4.29%(58%) Average negative next weekly return: -3.46%(42%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200710

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jun_10_2020	70.64	87.41	88.77	89.81	89.73	91.12	93.67(3.55%)	UT	OpenLong	75	1.1	34	110	36	28	63.22	54%	0.46	90.7	5.24%	1.3	1.9	56	0.9
2	Jun_9_2020	70.32	86.64	87.9	88.61	88.44	88.71	90.46(2.74%)	UT	OpenLong	75	0.5	6	20	7	4	46.85	51%	0.3	82.3	5.27%	1.1	1.1	55	1
3	Jun_8_2020	70.11	86.16	87.55	88.17	88.09	88.35	88.05(-1.29%)	N/A	N/A	0	-0	1	20	2	-1	38.77	51%	0.37	87.5	5.37%	-0.5	0.5	52	1.6
4	Jun_5_2020	69.85	85.69	87.74	88.18	88.01	88.17	89.2(1.75%)	UT	OpenLong	75	0.3	5	10	4	6	48.17	49%	0.4	90.1	5.38%	1.7	0.9	61	2
5	Jun_4_2020	69.57	85.07	87.57	88.09	87.85	88.17	87.67(-0.03%)	UD	OpenLong	75	-0.1	6	-10	3	13	42.43	52%	0.39	86.3	5.41%	-0.9	0.6	68	1.6

6	Jun_3_2020	69.3	84.45	87.75	87.53	87.65	87.84	87.7(-0.63%)	UD	OpenLong	75	0	11	20	6	24	36.54	50%	0.39	75	5.47%	1.1	0.7	71	1.7
7	Jun_2_2020	69.03	83.77	87.79	87.04	86.95	87.86	88.25(0.22%)	UT	OpenLong	75	0.2	15	70	9	34	39.13	50%	0.38	67.4	5.49%	0.7	0.8	72	1.3
8	Jun_1_2020	68.77	83.03	87.71	86.82	86.11	87.45	88.06(-0.78%)	UD	OpenLong	75	0.2	17	80	9	42	39.05	50%	0.41	61.7	5.5%	1.3	0.9	64	1
9	May_29_2020	68.49	82.19	87.42	87.26	86.46	86.04	88.76(4.58%)	UT	OpenLong	75	0.2	20	-60	9	54	74.59	50%	0.43	58.8	5.54%	1.2	1.1	69	1.3
10	May_28_2020	68.2	81.41	86.63	87.06	87	84.77	84.87(-0.45%)	N/A	N/A	0	-0.4	-10	-180	-28	44	73.61	53%	0.37	59.6	5.56%	-0.1	0.6	68	0.9

11	May_27_2020	67.95	80.91	86.03	88.03	87.99	86.89	85.25(-2.21%)	N/A	N/A	0	-0.4	-9	-90	-30	56	117.59	51%	0.38	66.5	5.62%	-0.7	0.7	71	1.5
12	May_26_2020	67.69	80.3	85.39	88.59	89.31	89.23	87.18(-3.42%)	UD	OpenLong	75	-0.2	22	20	2	81	77.08	51%	0.56	73	5.66%	-1.8	1.1	76	1.3
13	May_22_2020	67.31	79.65	84.76	88.65	89.13	89.09	90.26(2.86%)	UT	HoldLong	65	0.3	26	10	3	95	103.88	47%	0.46	77.4	5.66%	1.2	1.7	83	1.2
14	May_21_2020	67	78.73	83.54	87.58	88.79	89.39	87.75(-2.17%)	UD	OpenLong	75	0	39	90	17	105	76.11	46%	0.31	76.4	5.7%	-2.4	1.5	84	1.1
15	May_20_2020	66.79	77.87	82.4	86.09	87	89.17	89.7(1.87%)	UT	HoldLong	65	0.6	51	210	32	106	58.75	46%	0.48	70.4	5.73%	0.5	2.1	79	1.5

16	May_19_2020	66.47	76.93	80.86	83.71	84.32	88.19	88.06(0.63%)	UT	OpenLong	75	0.8	63	340	51	97	71.73	48%	0.47	63.5	5.73%	0.8	2.1	73	0.9
17	May_18_2020	66.16	75.87	79.38	81.71	81.77	84.83	87.5(3.06%)	UT	OpenLong	75	1.2	62	260	54	85	77.64	49%	0.44	56.1	5.78%	1.2	2.4	74	1.4
18	May_15_2020	65.87	75.04	77.87	80.34	79.76	80.44	84.91(5.73%)	UT	OpenLong	75	1.2	34	40	24	62	98.77	49%	0.4	63.5	5.77%	2.5	2.5	68	1
19	May_14_2020	65.61	74.4	76.43	78.98	79.14	78.71	80.31(3.22%)	UT	OpenLong	75	0.4	12	-30	2	42	60.23	51%	0.23	77	5.78%	0.6	1.8	66	0.8
20	May_13_2020	65.46	74.03	75.69	78.16	78.76	79.08	77.8(-0.29%)	UD	OpenLong	75	-0.1	11	50	2	39	62.59	51%	0.29	85.8	5.83%	-1.9	1.2	66	0.1

21	May_12_2020	65.27	73.65	75.36	77.49	78.17	79.57	78.03(-3.26%)	UD	OpenLong	75	0.2	27	150	21	46	49.31	51%	0.29	91.5	5.83%	-0.2	1.5	64	1.2
22	May_11_2020	65.08	73.29	74.83	76.58	76.86	78.44	80.66(3.24%)	UT	HoldLong	65	1.4	34	150	29	50	46.91	51%	0.34	87.8	5.81%	1.5	2.5	76	2.3
23	May_8_2020	64.86	72.61	74.12	75.01	75.46	76.76	78.13(2.5%)	UT	OpenLong	75	1.2	32	140	28	42	33.99	52%	0.31	99.7	5.78%	1.2	2.2	61	2
24	May_7_2020	64.66	72	73.51	73.52	73.98	75.28	76.22(2.38%)	UT	OpenLong	75	1.1	21	140	19	26	37.37	52%	0.29	84.9	5.82%	1.2	1.6	55	1.4
25	May_6_2020	64.47	71.52	72.98	72.89	72.73	74.15	74.45(1.38%)	UT	OpenLong	75	0.6	14	130	14	15	32.35	52%		88.2	5.82%	0.7	1.1	51	0.8
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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