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The NVIDIA stock price gained 1.92% on the last trading day (Friday, 7th Mar 2025), rising from $110.57 to $112.69. During the last trading day the stock fluctuated 5.50% from a day low at $107.56 to a day high of $113.48. The price has been going up and down for this period, and there has been a -16.15% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 29 million more shares were traded than the day before. In total, 340 million shares were bought and sold for approximately $38.29 billion.
On Feb 26, 2025, it was reported that Morgan Stanley gave NVDA a "Overweight" grade with a "hold" action.
The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $110.30 is broken, it will firstly indicate a stronger fall rate.Given the current short-term trend, the stock is expected to fall -10.44% during the next 3 months and, with a 90% probability hold a price between $98.78 and $124.47 at the end of this 3-month period.
A buy signal was issued from a pivot bottom point on Thursday, March 06, 2025, and so far it has risen 1.92%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The NVIDIA stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $116.53 and $128.90. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
NVIDIA finds support from accumulated volume at $110.57 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $5.92 between high and low, or 5.50%. For the last week, the stock has had daily average volatility of 6.39%.
NVIDIA holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Check full NVIDIA forecast and analysis here.
