Will nvdia go up today and possibly by how much?

Nvidia's stock is likely to face downward pressure today, based on the following analysis:

1. Recent Performance: Nvidia's stock has experienced a significant increase, with a 222.46% return over the past year and a 569.83% return over the past three years. This strong performance could lead to profit-taking by investors, which may contribute to a temporary decline in the stock price.
2. Market Dynamics: The broader market and semiconductor sector have shown volatility, with mixed performance among peers. This suggests that market conditions may not be favorable for a significant increase in Nvidia's stock price today.
3. Analyst Ratings: Despite positive analyst ratings and price targets, such as the recent increase to $140 per share by Truist, the stock has recently encountered volatility and corrections. This volatility could persist, affecting the stock's immediate upward movement.
4. Technical Indicators: Nvidia's stock is currently volatile, with a beta coefficient of 2.26, indicating higher volatility than the market. Technical indicators alone do not predict future performance, but they do suggest that the stock could be more susceptible to price fluctuations.
5. Financial Results: Nvidia's recent financial results have been strong, with record quarterly revenue and earnings per share growth. However, these positive metrics may already be reflected in the stock's recent price surge and may not contribute to a significant increase today.

In conclusion, while Nvidia has strong fundamentals and a positive long-term outlook, the current market conditions and recent volatility suggest that the stock may not experience a substantial increase today. Investors should monitor the stock's performance closely and consider the potential for short-term fluctuations.