Trading Signals: NVDA Stock Price Prediction and Forecast

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Fri. Oct. 23, 2020

Trading Signals: NVDA Stock Price Prediction and Forecast (Tue. Jul. 26, 2016 - Thu. Apr. 25, 2024)

(Nvidia Stock)
NVDA latest price $135.9025 (1.72%) ($132.9125 - $135.9325) on Fri. Oct. 23, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.86% (three month average)
RSI   51
Latest Price   $135.9025(1.72%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   NVDA declines -0.3% a day on average for past five trading days.
Weekly Trend   NVDA declines -1.1% a week on average for past two weeks.
Market Behavior   Normal for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support NVDA advance at 0% a week (0% probability)
QQQ(79%)    IWF(78%)    FIVG(76%)    IVW(76%)    SPY(68%)
Factors Impacting NVDA price   NVDA will decline at least -1.43% in a week (0% probabilities).
VIXM(-35%)    UUP(-18%)    VXX(-14%)    TBT(-8%)    EDOC(-7%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.43% (StdDev 2.86%)
Hourly BBV 0.5 ()
Intraday Trend 1%

Inflection Point   Yes
Resistance Level   $136.76
5 Day Moving Average   $135.24(0.49%)
10 Day Moving Average   $137.79(-1.37%)
20 Day Moving Average   $136.76(-0.63%)
To recent high   -5.3%
To recent low   34.2%
Market Cap   $83.58b

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 2.68% (three month std-dev: 2.86%) daily (68% of days).

Sample size 1 Average positive next day return: 0.67%(100%) Average negative next day return: 0%(0%) Sample size 1 Average positive next three day return: 0%(0%) Average negative next three day return: -1.12%(100%) Sample size 1 Average positive next weekly return: 0%(0%) Average negative next weekly return: -3.4%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201123

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	Oct_23_2020	115.52	136.76	137.79	135.24	135.38	134.56	135.9(1.72%)	DP	OpenShort	-75	0.2	-22	-40	-19	-31	23.35	60%	0.43	62.7	2.86%	0.5	-0.2	51	1.1
2	Oct_22_2020	115.03	136.44	137.99	135.68	135.92	135.18	133.61(-1.21%)	DT	OpenShort	-75	-0.5	-34	-30	-37	-25	29.05	60%	0.4	60.9	2.89%	-1.5	-0.6	60	1.2
3	Oct_21_2020	114.57	136.02	138.52	136.9	137.19	136.19	135.25(-0.88%)	DT	OpenShort	-75	-0.3	-17	-40	-21	-6	21.96	60%	0.41	56.7	2.88%	-0.9	-0.1	50	0.9
4	Oct_20_2020	114.1	135.4	138.99	138.04	137.9	136.66	136.46(1.09%)	DP	OpenShort	-75	-0.3	-36	-70	-47	-1	22.92	61%	0.43	56.9	2.89%	-0.6	0.2	54	0.6
5	Oct_19_2020	113.61	134.93	139.13	139.25	139.25	138.19	134.98(-2.27%)	CR	SmallShort	-20	-0.7	-23	-50	-37	21	29.81	61%	0.42	57.4	2.91%	-2.8	0	57	0.7

6	Oct_16_2020	113.14	134.49	139.36	140.7	140.57	139.15	138.12(-1.13%)	N/A	N/A	0	-0.4	-6	-70	-24	49	24.26	61%	0.48	57.5	2.89%	-1.1	0.5	64	1.4
7	Oct_15_2020	112.6	133.72	138.71	140.6	141.02	140.3	139.7(-0.89%)	N/A	N/A	0	-0.1	-6	-30	-25	52	26.72	61%	0.49	56.3	2.88%	-0.8	0.9	69	1.6
8	Oct_14_2020	112.05	132.98	138.36	140.34	140.68	142	140.95(-1.07%)	UD	OpenLong	75	0.1	30	70	12	84	27.66	63%	0.48	56.8	2.89%	-0.6	1.2	77	2
9	Oct_13_2020	111.51	132.18	137.79	140.08	140.1	141.73	142.48(0.16%)	UT	HoldLong	65	0.4	69	80	52	120	34.46	60%	0.29	57.2	2.9%	1	1.6	81	2.1
10	Oct_12_2020	111.19	131.5	136.76	139.06	139.5	139.36	142.26(3.37%)	UT	OpenLong	75	0.5	49	0	28	111	43.47	60%	0.48	65.2	2.96%	1.6	1.7	69	2.7

11	Oct_9_2020	110.66	130.77	135.57	137.89	138.81	138.46	137.63(-0.55%)	UD	OpenLong	65	-0	21	0	-5	98	34.69	60%	0.46	64.7	2.94%	-1.1	1.2	67	2.6
12	Oct_8_2020	110.15	129.97	134.72	136.49	138.01	139.63	138.39(-0.9%)	UD	OpenLong	75	0.3	50	120	29	112	37.89	61%	0.45	52.6	2.95%	-1.5	1.4	71	1.7
13	Oct_7_2020	109.66	129.19	133.29	136.04	136.2	139.15	139.64(1.66%)	UT	OpenLong	75	0.7	75	160	59	121	41.81	61%	0.49	36.7	2.97%	0.4	1.9	67	1
14	Oct_6_2020	109.13	128.52	131.48	135.17	135.36	136.4	137.37(0.69%)	UT	OpenLong	75	0.4	82	60	71	116	78.44	61%	0.47	24.3	2.96%	0.7	1.7	65	0.3
15	Oct_5_2020	108.62	127.6	130.36	134.15	134.16	133.25	136.43(4.44%)	UT	HoldLong	50	0.5	15	-50	-4	73	47.98	61%	0.48	6.9	2.97%	1	1.8	56	0.6

16	Oct_2_2020	108.1	127.04	129.21	132.94	133.41	134.32	130.62(-4.06%)	UD	OpenLong	65	-0.5	11	60	-5	59	55.25	60%	0.48	-5.1	2.95%	-2.1	0.8	52	0.4
17	Oct_1_2020	107.58	126.98	128.38	132.56	132.8	135.07	136.15(0.62%)	UT	OpenLong	75	0.8	87	130	85	94	52.5	62%	0.55	-3.9	2.9%	0.7	2	67	0.8
18	Sep_30_2020	106.99	127.21	127.17	130.03	130.2	132.5	135.31(2.3%)	UT	OpenLong	75	1	76	130	78	71	68.92	63%	0.55	-3.3	2.9%	1.2	1.5	64	0.8
19	Sep_29_2020	106.4	127.25	126.07	127.21	127.42	130.52	132.26(1.46%)	UT	OpenLong	75	0.9	63	180	71	40	62.3	63%	0.49	-8.5	2.91%	1.3	0.9	55	0.9
20	Sep_28_2020	105.88	127.26	125.72	126.04	125.52	127.91	130.35(1.25%)	UT	OpenLong	75	0.7	72	120	79	49	57.38	63%	0.51	-9.3	2.91%	1.5	0.5	62	0.7

21	Sep_25_2020	105.34	127.28	125.47	125	124.36	124.32	128.74(4.26%)	UT	OpenLong	75	0.6	35	-20	38	27	58.8	61%	0.51	-10.5	2.95%	2.1	0.3	52	0.6
22	Sep_24_2020	104.81	127.15	125.47	123.63	123.37	123.14	123.48(1.85%)	DP	OpenShort	-75	-0	-25	-20	-25	-24	73.12	60%	0.48	-13.6	2.93%	-0.7	-0.6	44	0.3
23	Sep_23_2020	104.31	127.39	124.76	123.86	123.62	124.4	121.24(-4.07%)	DT	HoldShort	-50	-0.5	-1	40	11	-36	64.7	60%	0.47	-7.8	2.94%	-1.2	-1.1	34	0.1
24	Sep_22_2020	103.82	127.74	125.37	124.64	123.44	123.61	126.38(0.96%)	DP	OpenShort	-65	0.3	-11	-20	2	-50	64.65	62%	0.53	-0.2	2.89%	2	-0.2	41	0.7
25	Sep_21_2020	103.27	127.79	124.69	125.35	124.11	122.84	125.17(2.69%)	DP	OpenShort	-75	-0	-46	-100	-34	-80	72.1	62%		6.5	2.91%	1	-0.5	45	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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