NVDA 2020-09-27 Technical Analysis and Forecast


 

NVDA Report

Sample Size: 3; Percent Error: 20%

Current Trend Performance

NVDA is -11.44% from monthly high, 25.33% from monthly low, 2.55% from 10 day simple moving average, 0.99% from 20 day simple moving average, and 8.36% from 50 day simple moving average.

Forecast Ranges

Day 1:
The highs are 528.62, the lows are 514.95, and the median is 521.79. 100.0% to increase between 0% - 9.34%.
Day 2:
The highs are 527.31, the lows are 514.95, and the median is 521.13. 100.0% to increase between 0% - 9.34%.
Day 3:
The highs are 563.68, the lows are 514.95, and the median is 539.32. 66.67% to increase between 0% - 9.34%. 33.33% to increase between 9.34% - 18.68%.
Day 4:
The highs are 626.29, the lows are 514.95, and the median is 570.62. 66.67% to increase between 0% - 9.34%. 33.33% to increase between 18.68% - 28.02%.
Day 5:
The highs are 640.28, the lows are 514.95, and the median is 577.62. 33.33% to increase between 0% - 9.34%. 33.33% to increase between 9.34% - 18.68%. 33.33% to increase between 18.68% - 28.02%.
Day 6:
The highs are 659.28, the lows are 514.95, and the median is 587.12. 50.0% to increase between 0% - 9.34%. 50.0% to increase between 9.34% - 18.68%.
Day 7:
The highs are 651.14, the lows are 514.95, and the median is 583.05. 33.33% to increase between 0% - 9.34%. 33.33% to increase between 9.34% - 18.68%. 33.33% to increase between 18.68% - 28.02%.

Summary

SMA: Simple Moving Average

In next 5 days, there is possible support range between 466.85 and 514.95, because of 20 day SMA. There is possible resistance range between 563.04, because of monthly high, and 563.05. Areas of uncertainty are beyond 423.25 and beyond 534.9. Minimum movement range is 9.34%.

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.