How much will nvida grow in 5 days

Nvidia is likely to experience continued growth in the next 5 days. Here's a detailed analysis to support this conclusion:

1. Current Trend and Forecasted Probability:
   • The current trend for Nvidia is bullish, with a duration of 46 days.
   • The continuation probability for this bullish trend is 75%, indicating a strong likelihood of the trend persisting.

NVDA Trend

2. Market Performance and Analyst Expectations:
   • Nvidia's shares have been rising, with a significant increase of 51% over the past couple of months.
   • The company is expected to report a 81.9% increase in earnings for Q3 compared to the same period last year.
   • Analysts are optimistic about Nvidia's prospects, especially with the AI chip market projected to grow by 99% in 2024.
3. Recent Events and Impact on Stock Price:
   • Nvidia's entry into the Dow Jones Industrial Average is a significant event that has attracted investor attention and could influence the stock's price positively.
   • The company's Q3 results are anticipated to show substantial earnings and revenue growth, which could lead to further price appreciation.
4. Comparison with Competitors:
   • Nvidia has surpassed Apple in market capitalization, highlighting the growing dominance of AI-driven growth on Wall Street.
   • This shift in market leadership could lead to increased investor confidence and potential growth in Nvidia's stock price.

In conclusion, considering the current bullish trend, positive market performance, optimistic analyst expectations, and recent significant events, it is reasonable to anticipate that Nvidia's stock price may continue to grow in the next 5 days.