Nvidia’s actions are approaching their historical maximum after Loop Capital raises its objective price

• Loop Capital raises the target price of NVDA from $ 175 to $ 250.
• $ 250 is now the maximum price among Wall Street analysts for NVIDIA shares.
• The US shares indices are mixed on Wednesday after two days of strong advances.
• The Nvidia shares have risen at an attainable distance from the historical maximum of January 7, 153.13 $.

NVIDIA (NVDA) It has risen more than 3% on Wednesday, just below its historical maximum of $ 153.13 of January 7. The reason for the euphoria is that Loop Capital has raised its target price by 43% to a new maximum among Wall Street analysts.

Ananda Baruah analyst from Loop Capital raised its target price for NVIDIA from $ 175 to $ 250 on Wednesday. Baruah said that the almost monopoly of Nvidia in AI technology could give it a market capitalization of 6 billion dollars if the annual expense in AI and Hyperscalers reaches the figure of 2 billion dollars in 2028, which is what Baruah expects.

The Nasdaq composite leads the indices, rising 0.45% at the time of writing this article. The S&P 500 barely progresses, rising 0.15%. While the industrial average Dow Jones (DJIA) falls 0.11% despite having Nvidia as one of its 30 components. The weakness between Verizon (VZ) and UnitedHealth Group (UNH) It is stopping it.

JPMorgan published a survey on Wednesday that should worry the market bundles. The 2025 Business Leaders Perspectives Survey shows that optimism on the US economy among the executives of the US Middle Market has fallen in the last six months from 65% to 32%. In addition, its perspective On its local economies it has decreased from 59% to 35%. The expectations of a recession in the US have increased from 14% to 32% between this same group.

Forecast of Nvidia’s actions

Nvidia’s shares are having problems exceeding the level of $ 153.00 at 11:00 am on Wednesday. If you succeed, you will surely navigate to a new historical maximum above $ 153.13 of January 7.

On Wednesday, NVDA broke over the long -term (green) support range of its two -year recovery from which it left in early March. Overcoming this obstacle means that NVDA has the ability to make an attempt to reach the upper part of the range about $ 190, but this will only happen if the macro and internal performance allows it.

The bulls will notice that the simple mobile average (SMA) is about to break above its 200 -day counterpart, the golden crossing pattern that typically presades great recoveries.

However, the relative force index (RSI) that is approaching 72 shows that NVDA may need a consolidation period before shooting up. The area near mobile socks in high $ 120 may be sufficient, but there is also a short -term critical support in the $ 140.

Daily NVDA Shares Graphics