Nvidia NVDA technical analysis

NVDA is in a longer-term uptrend, but momentum has cooled on the 4-hour timeframe with RSI14 at 45, while the daily RSI14 at 56 confirms a broader positive bias. Price is currently below the 4-hour SMA20 of 221.247, though it sits just above the daily SMA20 of 220.903.

The immediate battle is around the 224.421-225.099 support zone, which has only one touch on both timeframes. Below that, the 212.711-216.3 area on the 4-hour and the 212.71-217.91 daily band show repeated defending with six and eight touches respectively. Resistance stands at 227.581-228.259 on the 4-hour, with a daily ceiling at 227.321-227.999 touched twice.

For bulls, holding above 224.421-225.099 and reclaiming the 4-hour SMA20 would target 227.581-228.259, then 230.131-230.809. Bears need a sustained break below 224.421-225.099 to test the rising trendline near 217.129, with deeper support at 212.711-216.3.