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. You can also view the latest NVIDIA Stock Forecast for 2022 and 2023 from our experts.
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.
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. The stock forecasts indicate target levels for NVDA stock, both up and down.
NVIDIA Stock Forecast for 2022 and 2023
NVIDIA quotes continue to move as part of a strong growth and a bullish channel. 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. 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. At the time of publication of the forecast, the price of NVIDIA shares is 224.41 per share. 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. Further, the price bounces up and the continued rise in the value of securities. The potential target of such a movement in shares is the area above the level of 320.05 already in 2021, 2022, 2023.
An 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. The second signal will be a rebound from the lower border of the bullish channel. Cancellation of the option to raise the price of NVDA shares will be a fall and a breakdown of the level of 140.05. 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. 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.
NVIDIA Stock Forecast for 2022 and 2023 suggests an attempt to develop a decline and test the support area near the level of 175.05. Where should we expect a rebound and an attempt to continue the rise of shares in the area above the level of 320.05. In favor of the growth of securities, a test of the trend line on the relative strength index (RSI) will come out. Cancellation of the NVDA rise option will be a fall and a breakdown of the level of 140.05. 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.
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