Based on the provided data and recent market developments, here's a comprehensive analysis for NVDA's price prediction for the next trading week:
Technical Analysis
- Current price: $134.40 (as of Feb 21 close)
- The stock formed a bearish engulfing pattern on Friday, dropping 4.08% with high volume
- RSI_14 at 50.79 indicates neutral momentum
- MACD shows positive divergence with MACD (0.99) and signal (-0.39)
- Price is trading above all major moving averages (SMA 5,10,20,60,200)
- Bollinger Bands show price near middle band (130.10), with upper band at 153.53 and lower band at 106.67
News Sentiment & Catalysts
- Upcoming Q4 earnings report on February 26 after market close
- Wall Street expects strong results with consensus revenue forecast of $38.1 billion
- Recent market concerns about DeepSeek's efficient AI model training have been largely addressed by positive commentary from major customers
- Meta Platforms plans to increase AI infrastructure spending to $65 billion in 2025
- Broader market showing weakness with Asia-Pacific markets declining on Monday
Price Target for Next Week
Based on technical indicators and upcoming earnings catalyst:
Base case (60% probability): $142-148
- Strong earnings beat could drive price toward recent resistance levels
- Support from increased AI spending plans by major customers
Bullish case (25% probability): $150-155
- Exceptional earnings and guidance above $42 billion for Q1 FY2026
- Break above previous resistance at $153.13
Bearish case (15% probability): $125-130
- Earnings miss or conservative guidance
- Broader market weakness continues
Trading Recommendation
BUY with entry around current levels ($134-135) with following strategy:
- Initial target: $145
- Stop loss: $128
- Position sizing should account for elevated volatility around earnings
The stock shows strong fundamentals with major customers increasing AI infrastructure investments. Technical indicators suggest current pullback provides attractive entry point before earnings catalyst.
Based on the provided data and recent market developments, here's a comprehensive analysis for NVDA's price prediction for the next trading week:
Technical Analysis
- Current price: $134.40 (as of Feb 21 close)
- The stock formed a bearish engulfing pattern on Friday, dropping 4.08% with high volume
- RSI_14 at 50.79 indicates neutral momentum
- MACD shows positive divergence with MACD (0.99) and signal (-0.39)
- Price is trading above all major moving averages (SMA 5,10,20,60,200)
- Bollinger Bands show price near middle band (130.10), with upper band at 153.53 and lower band at 106.67
News Sentiment & Catalysts
- Upcoming Q4 earnings report on February 26 after market close
- Wall Street expects strong results with consensus revenue forecast of $38.1 billion
- Recent market concerns about DeepSeek's efficient AI model training have been largely addressed by positive commentary from major customers
- Meta Platforms plans to increase AI infrastructure spending to $65 billion in 2025
- Broader market showing weakness with Asia-Pacific markets declining on Monday
Price Target for Next Week
Based on technical indicators and upcoming earnings catalyst:
Base case (60% probability): $142-148
- Strong earnings beat could drive price toward recent resistance levels
- Support from increased AI spending plans by major customers
Bullish case (25% probability): $150-155
- Exceptional earnings and guidance above $42 billion for Q1 FY2026
- Break above previous resistance at $153.13
Bearish case (15% probability): $125-130
- Earnings miss or conservative guidance
- Broader market weakness continues
Trading Recommendation
BUY with entry around current levels ($134-135) with following strategy:
- Initial target: $145
- Stop loss: $128
- Position sizing should account for elevated volatility around earnings
The stock shows strong fundamentals with major customers increasing AI infrastructure investments. Technical indicators suggest current pullback provides attractive entry point before earnings catalyst.