NVIDIA stock downgraded from Hold/Accumulate to Sell Candidate after Tuesday trading session

The NVIDIA stock price fell by -0.704% on the last day (Tuesday, 17th Mar 2026) from $183.22 to $181.93. During the last trading day the stock fluctuated 2.05% from a day low at $181.68 to a day high of $185.40. The price has risen in 6 of the last 10 days and is up by 1.04% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -37 million shares and in total, 179 million shares were bought and sold for approximately $32.48 billion.

On Mar 17, 2026, it was reported that UBS gave NVDA a "Buy" grade with a "hold" action.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect NVIDIA stock with a 90% probability to be traded between $168.92 and $192.82 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stock seldom manage to go directly from the bottom of a trend up to the top. Stock turning up in the middle of a horizontal trend are therefore considered to be potential runners.

A buy signal was issued from a pivot bottom point on Friday, February 27, 2026, and so far it has risen 2.73%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The NVIDIA stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $183.14 and $185.17. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

NVIDIA finds support from accumulated volume at $180.99 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $3.72 between high and low, or 2.05%. For the last week, the stock has had daily average volatility of 2.60%.

NVIDIA holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold to a Sell candidate.