NVDA 2020-09-23 Technical Analysis and Forecast


NVDA Report

Sample Size: 7; Percent Error: 5%

Current Trend Performance

NVDA is -18.33% from monthly high, 21.66% from monthly low, -2.84% from 10 day simple moving average, -4.96% from 20 day simple moving average, and 2.88% from 50 day simple moving average.

Forecast Ranges

Day 1:
The highs are 514.16, the lows are 481.61, and the median is 497.88. 20.0% to decrease between -6.02% - 0%. 60.0% to increase between 0% - 6.02%. 20.0% to increase between 6.02% - 12.04%.
Day 2:
The highs are 509.7, the lows are 473.62, and the median is 491.66. 40.0% to decrease between -6.02% - 0%. 60.0% to increase between 0% - 6.02%.
Day 3:
The highs are 522.42, the lows are 470.28, and the median is 496.35. 40.0% to decrease between -6.02% - 0%. 40.0% to increase between 0% - 6.02%. 20.0% to increase between 6.02% - 12.04%.
Day 4:
The highs are 529.77, the lows are 479.8, and the median is 504.78. 40.0% to decrease between -6.02% - 0%. 40.0% to increase between 0% - 6.02%. 20.0% to increase between 6.02% - 12.04%.
Day 5:
The highs are 554.49, the lows are 483.46, and the median is 518.98. 20.0% to decrease between -6.02% - 0%. 40.0% to increase between 0% - 6.02%. 20.0% to increase between 6.02% - 12.04%. 20.0% to increase between 12.04% - 18.06%.
Day 6:
The highs are 557.78, the lows are 484.95, and the median is 521.37. 40.0% to increase between 0% - 6.02%. 40.0% to increase between 6.02% - 12.04%. 20.0% to increase between 12.04% - 18.06%.
Day 7:
The highs are 556.0, the lows are 484.95, and the median is 520.48. 40.0% to increase between 0% - 6.02%. 40.0% to increase between 6.02% - 12.04%. 20.0% to increase between 12.04% - 18.06%.

Summary

SMA: Simple Moving Average

In next 5 days, there is possible support range between 455.76 and 479.11. There is possible resistance range between 508.31 and 514.14. Areas of uncertainty are beyond 433.81 and beyond 520.33. Minimum movement range is 6.02%.

Research conducted with Nforecast.

This is not a recommendation to buy, sell, or hold. This research is for educational, informational, and entertainment purposes. You should not construe any data or information presented by members on this blog or Nforecast LLC as investment, tax, legal, financial or other advice.