Trading Signals: NVDA Stock Price Prediction and Forecast

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Wed. Mar. 13, 2024

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

(Nvidia Stock)
NVDA latest price $907.7100 (-0.84%) ($907.7100 - $907.7100) on Wed. Mar. 13, 2024.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.11% (three month average)
RSI   71
Latest Price   $907.7100(-0.84%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   NVDA advances 0.5% a day on average for past five trading days.
Weekly Trend   NVDA advances 6.7% a week on average for past two weeks.
Market Behavior   Growth stock sell-off for large cap. Normal for small cap.
Correlated ETFs   Broad market will support NVDA advance at 0% a week (0% probability)
SMH(85%)    IVW(73%)    QQQ(71%)    SPY(59%)    IWO(40%)
Factors Impacting NVDA price   NVDA will decline at least -1.555% in a week (0% probabilities).
VXX(-48%)    VIXM(-25%)    XLE(-12%)    TLT(-11%)    TAN(-5%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.555% (StdDev 3.11%)
Hourly BBV 1.2 ()
Intraday Trend 0%

5 Day Moving Average   $896.17(1.29%)
10 Day Moving Average   $871.4(4.17%)
20 Day Moving Average   $813.55(11.57%)
To recent high   -2%
To recent low   90.7%
Market Cap   $558.242b

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 8.89% (three month std-dev: 3.11%) daily (68% of days).

Sample size 50 Average positive next day return: 4.09%(50%) Average negative next day return: -3.28%(50%) Sample size 50 Average positive next three day return: 5.74%(46%) Average negative next three day return: -4.6%(54%) Sample size 50 Average positive next weekly return: 5.94%(40%) Average negative next weekly return: -7.5%(60%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20240413

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	Mar_13_2024	581.88	813.55	871.4	896.17	888.72	911.55	907.71(-0.84%)	UD	OpenLong	75	0.2	352	150	376	280	59.15	81%	0.85	68.8	3.11%	1.2	1.3	71	2
2	Mar_12_2024	576.97	804.04	858.66	891.85	893.3	885.64	915.36(6.95%)	UT	HoldLong	65	0.3	376	-60	398	311	60.38	82%	0.88	71.6	3.1%	0.8	1.6	83	2.3
3	Mar_11_2024	571.91	794.14	845.94	880.37	885.98	865.9	855.9(-2.28%)	DT	OpenShort	-75	-0.4	-457	-140	-587	-66	61.88	80%	0.81	72.8	3.01%	-1.3	0.9	75	0.6
4	Mar_8_2024	567.31	787.4	840.01	879.36	886.48	900.95	875.9(-5.41%)	UD	OpenLong	65	-0.1	36	140	-14	184	106.88	80%	0.84	77.9	3.01%	-0.9	1.3	70	0.3
5	Mar_7_2024	562.58	778.37	831.47	868.37	880.22	906.06	926(4.5%)	UT	HoldLong	65	0.9	802	250	883	557	53.46	86%	0.94	79.9	2.89%	1.3	2.2	77	1

6	Mar_6_2024	557.33	766.6	816.66	842.74	853.96	872.02	886.11(3.29%)	UT	OpenLong	75	0.7	520	190	557	407	53.45	83%	0.84	85.4	2.86%	1.1	2	72	0.4
7	Mar_5_2024	552.67	756.09	796.06	820.65	832.02	854.39	857.92(0.83%)	UT	OpenLong	75	0.7	501	230	547	361	47.18	83%	0.75	86	2.88%	0.4	1.9	72	1
8	Mar_4_2024	548.53	747.61	779.84	806.78	811.46	835.91	850.85(3.64%)	UT	OpenLong	75	0.9	563	230	628	368	56.81	80%	0.76	92.9	2.88%	1.5	2.1	71	1.6
9	Mar_1_2024	544.41	738	766.95	795.23	795.89	809.66	820.96(2.89%)	UT	OpenLong	75	0.6	424	120	468	290	43.68	79%	0.67	98.4	2.9%	1.6	1.8	68	1.4
10	Feb_29_2024	540.76	728.52	757.16	789.14	788.92	787.01	797.87(2.86%)	UT	OpenLong	75	0.2	116	-20	106	146	36.38	77%	0.64	95	2.91%	1.2	1.5	70	1.5

11	Feb_28_2024	537.31	719.57	750.84	786.65	786.96	782.12	775.67(-1.64%)	CR	SmallShort	-20	-0.2	-105	-40	-157	51	35.02	77%	0.62	89.4	2.9%	-1.1	1.1	67	1.4
12	Feb_27_2024	534.02	712.29	745.2	766.5	789.4	790.82	788.57(-0.57%)	UD	OpenLong	75	0.4	275	100	296	212	36.14	77%	0.66	78.4	2.89%	-0.7	1.5	72	1.6
13	Feb_26_2024	530.52	704.02	738.28	747.52	760.99	791.81	793.08(0.32%)	UT	OpenLong	75	0.9	305	340	338	207	46.98	77%	0.67	70.7	2.88%	0	1.7	69	1.3
14	Feb_23_2024	527.01	694.82	730.59	734.04	736.14	787.98	790.53(0.65%)	UT	OpenLong	75	1.1	1017	500	1177	538	78.37	77%	0.68	66.2	2.9%	0.7	1.9	73	1.8
15	Feb_22_2024	523.44	685.92	720.82	721.16	719.89	730.18	785.39(16.36%)	UT	HoldLong	65	1.3	819	90	944	443	79.23	75%	0.69	67.2	2.93%	1.5	2.1	76	0.9

16	Feb_21_2024	519.84	677.17	711.73	711.72	705.06	684.3	674.94(-2.7%)	DT	OpenShort	-75	-0.8	-669	-230	-817	-225	51.24	69%	0.48	73.6	2.16%	-1.1	-0.1	68	-0.3
17	Feb_20_2024	517.34	673.75	713.15	720.64	720.87	709.6	693.66(-4.42%)	DT	OpenShort	-75	-0.6	-370	-110	-479	-43	65.06	72%	0.66	79.2	2.13%	-1.1	0.4	69	0.1
18	Feb_16_2024	513.96	669.19	713.62	726.44	727.34	725.81	725.7(-0.05%)	N/A	N/A	0	-0	-72	-10	-144	146	48.17	76%	0.6	83.3	2.03%	-0.3	1.1	78	1.4
19	Feb_15_2024	510.92	662.64	707.62	725.6	726.62	732.15	726.09(-1.64%)	UD	OpenLong	75	0	148	60	106	274	38.46	76%	0.61	85.8	2.03%	-0	1.2	80	1.6
20	Feb_14_2024	507.81	654.94	698.55	719.76	725.47	728.87	738.2(2.59%)	UT	HoldLong	65	0.3	359	60	354	372	45.86	76%	0.65	84.1	2.03%	0.9	1.6	81	1.2

21	Feb_13_2024	504.52	646.03	686.59	712.19	715.15	721.1	719.54(-0.43%)	UD	OpenLong	75	0.1	103	70	56	243	56.1	75%	0.61	85.3	2.02%	-0.7	1.4	79	-0.3
22	Feb_12_2024	501.44	638.18	677.52	704.6	710.47	722.08	722.66(0.16%)	UT	HoldLong	65	0.4	462	140	479	412	57.24	75%	0.63	89.1	2.02%	0.7	1.7	83	1.6
23	Feb_9_2024	498.28	629.35	667.54	698.93	700.21	709.21	721.49(3.53%)	UT	HoldLong	65	0.5	371	100	371	371	39.91	77%	0.65	93.7	2.04%	1.7	1.9	83	1.3
24	Feb_8_2024	495.08	620.52	656.28	687.1	693.41	698.86	696.92(-0.49%)	UD	OpenLong	75	0.2	340	80	339	344	37.85	75%	0.57	98.7	2.01%	0.8	1.6	81	2.3
25	Feb_7_2024	492.25	612.71	648.04	673.75	684.76	691.21	700.33(2.74%)	UT	HoldLong	65	0.6	366	110	372	348	44.61	75%		100.1	2%	1.8	1.9	85	2.3
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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