NVIDIA stock price down 2.84% on Tuesday

StockInvest.us, 4 months ago

NVIDIA

The NVIDIA stock price fell by -2.84% on the last day (Tuesday, 3rd Feb 2026) from $185.61 to $180.34. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 5.68% from a day low at $176.23 to a day high of $186.24. The price has risen in 6 of the last 10 days and is up by 1.27% over the past 2 weeks. Volume has increased on the last day by 36 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 196 million shares were bought and sold for approximately $35.29 billion.

On Jan 16, 2026, it was reported that Jefferies 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 $169.62 and $191.52 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.

NVIDIA

There are few to no technical positive signals at the moment. The NVIDIA stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $188.00 and $184.84. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, January 29, 2026, and so far it has fallen -6.32%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

NVIDIA finds support from accumulated volume at $178.88 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $10.01 between high and low, or 5.68%. For the last week the stock has had daily average volatility of 3.31%.

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.

Check full NVIDIA forecast and analysis here.
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