Stronger technical forecast for NVIDIA stock price after Monday trading

The NVIDIA stock price gained 1.87% on the last trading day (Monday, 28th Jul 2025), rising from $173.50 to $176.75. During the last trading day the stock fluctuated 1.82% from a day low at $173.62 to a day high of $176.77. The price has risen in 6 of the last 10 days and is up by 7.73% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 16 million more shares were traded than the day before. In total, 137 million shares were bought and sold for approximately $24.15 billion.

On Jul 15, 2025, it was reported that Goldman Sachs gave NVDA a "Buy" grade with a "downgrade" action.

The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled.Given the current short-term trend, the stock is expected to rise 50.98% during the next 3 months and, with a 90% probability hold a price between $258.31 and $276.49 at the end of this 3-month period.

The NVIDIA stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $172.23 and $157.66. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, July 22, 2025, and so far it has risen 5.82%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

On the downside, the stock finds support just below today's level from accumulated volume at $139.19 and $135.34.There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, NVIDIA finds support just below today's level at $139.19. If this is broken, then the next support from accumulated volume will be at $135.34 and $135.13.

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 $3.16 between high and low, or 1.82%. For the last week, the stock has had daily average volatility of 2.08%.

NVIDIA holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.