Arm stock price chart forecast short-term traders eyeing the "arm

Short-term traders eyeing the "arm stock price chart forecast" note MACD bullish cross confirmation, with momentum building into the next earnings call scheduled for mid-February. Vinh's forecast also exceeds Nvidia's revenue guidance of $24 billion, and it won't be surprising to see the company match the KeyBanc analyst's expectations considering its immense pricing power and dominant share in the AI chip market. Those are precisely the reasons why Vinh forecasts a serious acceleration in Nvidia's growth in the current quarter and the second half of the year. Arm ARM reported $0.55 adjusted EPS this quarter, in line with guidance and above FactSet consensus. Next-quarter guidance was weaker than expected though at $1.0 billion-$1.1 billion in revenue and $0.30-$0.38 in adjusted EPS compared with expectations of $1.09 billion and $0.42 per share respectively. In the weekly candle chart, "arm stock price chart forecast" shows declining selling pressure with short interest falling to 2.1% of float. Reduced bearish activity strengthens the likelihood of a sustained rally.