![]() ![]() ![]() However, after the sharp rise over the last few trading sessions, NVDA stock is looking overbought with a 14-day RSI (relative strength index) of 83.4. The MACD (moving average convergence divergence) is 44.25 which is a bullish technical indicator. The stock has found a strong support near the 200-day SMA and currently trades almost 44% above the price level. It trades above its 30-day, 50-day, 100-day, and 200-day SMA (simple moving average) which is a bullish technical indicator. Nvidia stock is looking bullish on the charts. While the performance of S&P 500 constituents looks like the mirror opposite of 2020 and most top gainers of last year are in the bottom half this year, NVDA stock stands out as a notable exception. Nvidia stock was among the top gainers in the S&P 500 last year also. What’s the forecast for Nvidia stock in 2021 and is it a good time to buy the stock? The stock is up almost 58% in 2021 and is among the top 20 gainers in the S&P 500 index. Nvidia (NVDA) stock gained over 1% yesterday and hit its 52-week high of $833.68 in intraday trade. The content on this page is for information purposes only. Looking for the Best Forex Broker? We trade at RoboForex.Please note that we are not authorised to provide any investment advice. This will indicate a breakdown of the lower border of the bullish channel and a continuation of the fall in value to the area below the level of 95.05. ![]() Cancellation of the NVDA rise option will be a fall and a breakdown of the level of 140.05. In favor of the growth of securities, a test of the trend line on the relative strength index (RSI) will come out. Where should we expect a rebound and an attempt to continue the rise of shares in the area above the level of 320.05. NVIDIA Stock Forecast for 20 suggests an attempt to develop a decline and test the support area near the level of 175.05. It is worth waiting for confirmation of the rise in shares with a breakdown of the resistance area and closing above the level of 250.55, which will indicate a breakdown of the upper limit of the bullish channel. This will indicate a breakdown of the lower boundary of the ascending channel, in which case we can consider a continuation of the decline in securities to the area at the level of 95.05. Cancellation of the option to raise the price of NVDA shares will be a fall and a breakdown of the level of 140.05. The second signal will be a rebound from the lower border of the bullish channel. The potential target of such a movement in shares is the area above the level of 320.05 already in 2021, 2022, 2023.Īn additional signal in favor of the growth of NVIDIA quotes will be a test of the support line on the relative strength index (RSI), and the line is very long-term, which means that the signal will be strong. Further, the price bounces up and the continued rise in the value of securities. As part of the forecast, we should expect an attempt at a slight correction and a test of the support level near the area of 175.05. At the time of publication of the forecast, the price of NVIDIA shares is 224.41 per share. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of securities and a likely continuation of the rise in the near future. The moving averages indicate a short-term bullish trend for NVDA shares, as we can see that prices have already bounced off the area between the lines several times. NVIDIA quotes continue to move as part of a strong growth and a bullish channel. The stock forecasts indicate target levels for NVDA stock, both up and down. ![]() We also take into account the technical, fundamental analysis of stocks, the news background, the general geopolitical situation in the world and other, smaller factors. Should you buy or sell NVIDIA shares today? To what levels can the shares of this company rise in a year, two, three? How much will NVIDIA stocks cost in 2021, 2022, 2023? We have been making currency rate forecasts for a long time, and we can also predict the behavior of the stock market using technical analysis and simple indicators. You can also view the latest NVIDIA Stock Forecast for 20 from our experts. Want to know NVIDIA’s current price and what’s next for NVDA stock? On this page, we share the latest NVIDIA news and advice on buying stocks. ![]()
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