Trading Signals: NVDA Stock Price Prediction and Forecast

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Thu. Feb. 2, 2023

Trading Signals: NVDA Stock Price Prediction and Forecast (Tue. Jul. 26, 2016 - Fri. May. 31, 2024)

(Nvidia Stock)
NVDA latest price $216.2400 (2.24%) ($216.2400 - $216.2400) on Thu. Feb. 2, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.86% (three month average)
RSI   79
Latest Price   $216.2400(2.24%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   NVDA advances 1.9% a day on average for past five trading days.
Weekly Trend   NVDA advances 9.1% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support NVDA advance at 0% a week (0% probability)
XLK(70%)    QQQ(68%)    IVW(64%)    IWF(63%)    VUG(63%)
Factors Impacting NVDA price   NVDA will decline at least -1.93% in a week (0% probabilities).
VIXM(-30%)    UUP(-14%)    VXX(-10%)    TBT(-8%)    XLU(-7%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.93% (StdDev 3.86%)
Hourly BBV 1.2 ()
Intraday Trend 0%

5 Day Moving Average   $203.63(6.19%)
10 Day Moving Average   $197.67(9.39%)
20 Day Moving Average   $180.78(19.62%)
To recent high   0%
To recent low   63.6%
Market Cap   $132.988b

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 11.28% (three month std-dev: 3.86%) daily (68% of days).

Sample size 29 Average positive next day return: 4.34%(59%) Average negative next day return: -2.51%(41%) Sample size 29 Average positive next three day return: 5.86%(62%) Average negative next three day return: -5.2%(38%) Sample size 29 Average positive next weekly return: 6.7%(62%) Average negative next weekly return: -6.69%(38%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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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	Feb_2_2023	150.94	180.78	197.67	203.63	203.57	213.88	216.24(2.24%)	UT	HoldLong	65	0.6	182	350	172	210	51.86	72%	0.58	79.5	3.86%	1.2	1.7	79	-1.4
2	Feb_1_2023	150.07	177.29	192.92	199.89	200.48	203.22	211.51(8.51%)	UT	HoldLong	65	0.6	175	100	166	202	60.07	72%	0.56	78.7	3.87%	3	1.7	80	-1.5
3	Jan_31_2023	149.24	173.85	189.18	196.18	196.98	193.26	194.92(1.72%)	N/A	N/A	0	-0.1	-11	-120	-54	118	43.87	70%	0.35	73.4	3.75%	-0.7	1.1	76	-1.8
4	Jan_30_2023	148.72	171.4	187.35	195.66	196.49	197.74	191.63(-6%)	UD	OpenLong	65	-0.2	5	60	-41	142	48.51	70%	0.33	72.4	3.77%	-1.4	1.1	76	-1.8
5	Jan_27_2023	148.23	169.13	185.18	195.73	196.66	200.71	203.87(3.2%)	UT	HoldLong	65	0.4	142	160	112	232	50.12	75%	0.45	67.5	3.71%	1.5	1.8	89	-1.7

6	Jan_26_2023	147.57	165.9	181.23	190.62	193.7	195.25	197.54(2.37%)	UT	HoldLong	65	0.4	125	100	92	224	45	75%	0.42	58.1	3.7%	1.5	1.8	90	-1.6
7	Jan_25_2023	146.95	163.02	177.43	184.75	188.9	192.62	192.96(0.35%)	UT	HoldLong	65	0.5	100	210	67	197	42.46	76%	0.41	44.8	3.72%	1.5	1.7	82	-1.6
8	Jan_24_2023	146.35	160.81	174	181.09	182.7	192.15	192.29(0.14%)	UT	HoldLong	65	0.7	159	390	137	223	44.89	76%	0.33	36.5	3.77%	0.8	1.9	83	-1.5
9	Jan_23_2023	145.87	158.7	170.38	177.88	178.3	185.18	192.01(7.69%)	UT	HoldLong	65	1	215	280	204	249	60.89	76%	0.4	28.8	3.77%	1.5	2.2	79	-1.6
10	Jan_20_2023	145.29	157.11	165.98	173.22	174.36	173.26	178.3(6.02%)	UT	HoldLong	65	0.4	83	-20	53	174	50.76	75%	0.28	19.4	3.67%	1.8	1.7	76	-1.3

11	Jan_19_2023	144.88	156.1	162.5	170.51	171.97	171.42	168.17(-3.72%)	N/A	N/A	0	-0.2	0	0	-43	130	40.76	73%	0.12	6.8	3.6%	-1.3	1.1	75	-1.2
12	Jan_18_2023	144.7	155.67	160.49	168.77	171.12	175.46	174.67(-0.89%)	UD	OpenLong	75	0.5	109	220	84	183	39.48	76%	0.15	-2.4	3.56%	0.5	1.7	81	-1.1
13	Jan_17_2023	144.49	155.07	157.34	165.6	167.32	172.52	176.24(4.46%)	UT	OpenLong	75	1.1	143	250	131	177	45.72	77%	0	-13.2	3.56%	1.5	2.1	67	-1.6
14	Jan_13_2023	144.49	154.54	154.18	161.71	162.97	166.78	168.71(2.39%)	UT	OpenLong	75	0.8	110	190	102	133	40.22	73%	-0.08	-27.3	3.65%	1.5	1.6	61	-1.9
15	Jan_12_2023	144.6	154.72	151.8	157.69	159.97	162.12	164.77(3.33%)	UT	OpenLong	75	0.8	91	140	93	86	50.32	73%	-0.06	-32.3	3.67%	2	1.1	47	-1.6

16	Jan_11_2023	144.68	155.33	149.33	153.3	155.41	159.15	159.46(0.4%)	UT	OpenLong	75	0.6	53	210	61	27	30.11	73%	-0.08	-32.2	3.66%	1	0.4	47	-1.9
17	Jan_10_2023	144.8	155.93	147.46	150.88	151.24	157.81	158.83(1.3%)	UT	OpenLong	75	0.7	93	310	119	15	33.81	73%	-0.08	-30.8	3.66%	0.7	0.2	46	-2.1
18	Jan_9_2023	144.92	156.41	146.53	147.79	148.38	151.66	156.79(5.51%)	RB	SmallLong	20	0.7	94	170	130	-14	45.49	73%	-0.16	-35.2	3.69%	1.2	0	41	-2
19	Jan_6_2023	145.15	157.06	145.96	145.6	145.02	144.68	148.6(4.05%)	DP	OpenShort	-75	0.2	-26	-30	-3	-93	40.48	66%	-0.27	-39	3.79%	1.9	-0.7	32	-1.8
20	Jan_5_2023	145.55	157.74	147.37	145.09	144.86	145.1	142.82(-3.1%)	DT	HoldShort	-65	-0.2	-32	10	-6	-109	33.9	65%	-0.29	-42	3.76%	-0.5	-1.2	22	-1

21	Jan_4_2023	145.97	158.67	149.13	144.64	145.35	145.36	147.39(2.82%)	DP	OpenShort	-65	0.2	-8	20	28	-116	40.32	67%	-0.29	-43.9	3.73%	1.3	-0.9	22	-0.9
22	Jan_3_2023	146.4	159.62	150.47	143.42	143.65	144.62	143.34(-1.73%)	DT	OpenShort	-75	-0	-45	50	-11	-147	37.84	67%	-0.6	-45.7	3.77%	0.3	-1.3	27	-0.1
23	Dec_30_2022	147.29	160.89	152.68	145.02	143.13	145.33	145.87(-0.11%)	DP	OpenShort	-65	0.1	-19	70	19	-131	27.82	67%	-0.23	-43.8	3.78%	1.1	-1.3	32	1
24	Dec_29_2022	147.63	162.21	154.98	146.45	144.49	142.67	146.03(3.88%)	DP	OpenShort	-75	-0	-40	-130	-7	-137	35.49	64%	-0.24	-39.8	3.78%	0	-1.5	32	-57.9
25	Dec_28_2022	147.99	163.37	157.91	150.22	146.56	140.94	140.58(-0.5%)	DT	OpenShort	-75	-0.9	-139	-340	-133	-158	32.01	63%		-29.5	3.79%	-1.1	-2.2	38	1.3
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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