NVDA (NVIDIA) Technical Analysis Report - 20250802

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NVDA (NVIDIA) Technical Analysis Report - August 2, 2025

1. Trend Analysis (Support & Resistance Levels)

  • Trend: The stock is in an upward trend (MA5 > MA20 > MA60).
  • Support Levels:
    • Immediate Support: $170.89 (recent low on Aug 1)
    • Strong Support: $167.03 (July 22 low)
  • Resistance Levels:
    • Immediate Resistance: $176.75 (July 28 high)
    • Next Resistance: $179.27 (July 30 high)
    • Major Resistance: $183.30 (July 31 high)

2. Volume Analysis & Implications

  • Recent Volume Trend:
    • Increasing volume on down days (July 31 & Aug 1), suggesting selling pressure.
    • Volume Ratio: 1.25 (above average, indicating heightened activity).
  • Implications:
    • High volume on declines could signal short-term weakness before a potential rebound.
    • If volume picks up on an upward move, it may confirm a resumption of the uptrend.

3. Risk Assessment (Volatility Analysis)

  • Volatility: 2.56% (moderate, but increasing due to recent price swings).
  • ATR (Average True Range): 4.45 (higher than previous days, indicating wider price movements).
  • Risk Factors:
    • Recent MACD sell signal & RSI cooling from overbought levels (63.53).
    • Potential short-term pullback before continuation of the uptrend.

4. Target Price Levels

  • Short-term (1-2 weeks):
    • Upside Target: $176.75 → $179.27
    • Downside Risk: $170.89 → $167.03
  • Medium-term (1-3 months):
    • Bullish Target: $183.30 → $190+ (if trend resumes)
    • Bearish Scenario: Breakdown below $167.03 could signal deeper correction.

5. Key Technical Levels

  • Moving Averages:
    • MA5: $175.61 (short-term trend support)
    • MA20: $169.50 (dynamic support)
    • MA60: $153.10 (long-term bullish support)
  • RSI (14-day): 63.53 (neutral, no extreme overbought/oversold condition).
  • MACD: Negative divergence (MACD line below signal line), suggesting short-term caution.

6. Trading Recommendations

  • Short-term Traders:
    • Buy on dip near $170.89 (stop-loss: $167.03).
    • Take profit at $176.75 → $179.27.
  • Swing/Position Traders:
    • Hold if above $170.89, but tighten stop-loss to $167.03.
    • Add on a breakoutbove $179.27 with target $183.30+.
  • Aggressive Short-term Shorts:
    • Only if price breaks $170.89 with volume, target $167.03.

7. Current Trading Strategy Based on Real-Time Indicators

  • Stock Code: 105.NVDA
  • Market Type: US
  • Analysis Date: 2025-08-02
  • Technical Score: 65 (Neutral-Bullish)
  • Price: $173.72 (-2.33%)
  • MA Trend: UP
  • RSI: 63.53 (Neutral)
  • MACD Signal: SELL (but weak, near convergence)
  • Volume Status: NORMAL (but elevated on recent declines)
  • Recommendation: Recommended to buy on pullback near support ($170.89).

Final Verdict:

  • Short-term: Neutral-bullish, but watch $170.89 support. A break below could trigger a deeper pullback.
  • Medium-term: Uptrend intact, but needs confirmation above $176.75 to resume bullish momentum.
  • Best Entry: $170-$172 with tight risk management.

Key Levels to Watch:

  • Bullish confirmation: Break above $176.75 → Target $179.27 → $183.30.
  • Bearish warning: Breakdown below $170.89 → Next support $167.03.

Trade wisely! 🚀📈