NVDA 2020-10-01 Technical Analysis and Forecast


NVDA Report

Sample Size: 6; Percent Error: 5%

Current Trend Performance

NVDA is -5.38% from monthly high, 26.17% from monthly low, 6.28% from 10 day simple moving average, 7.34% from 20 day simple moving average, and 12.33% from 50 day simple moving average.

Forecast Ranges

Day 1:
The highs are 558.34, the lows are 541.74, and the median is 550.04. 33.33% to decrease between -5.9% - 0%. 66.67% to increase between 0% - 5.9%.
Day 2:
The highs are 567.24, the lows are 541.74, and the median is 554.49. 33.33% to decrease between -5.9% - 0%. 66.67% to increase between 0% - 5.9%.
Day 3:
The highs are 565.98, the lows are 544.58, and the median is 555.28. 100.0% to increase between 0% - 5.9%.
Day 4:
The highs are 585.22, the lows are 544.58, and the median is 564.9. 83.33% to increase between 0% - 5.9%. 16.67% to increase between 5.9% - 11.8%.
Day 5:
The highs are 607.25, the lows are 531.81, and the median is 569.53. 16.67% to decrease between -5.9% - 0%. 66.67% to increase between 0% - 5.9%. 16.67% to increase between 5.9% - 11.8%.
Day 6:
The highs are 608.4, the lows are 525.94, and the median is 567.17. 16.67% to decrease between -5.9% - 0%. 50.0% to increase between 0% - 5.9%. 33.33% to increase between 5.9% - 11.8%.
Day 7:
The highs are 595.49, the lows are 512.03, and the median is 553.76. 16.67% to decrease between -11.8% - -5.9%. 66.67% to increase between 0% - 5.9%. 16.67% to increase between 5.9% - 11.8%.

Summary

SMA: Simple Moving Average

In next 5 days, there is possible support range between 512.45 and 539.22. There is possible resistance range between 571.36 and 576.71. Areas of uncertainty are beyond 487.25 and beyond 582.38. Minimum movement range is 5.9%.

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.