Nvidia (NASDAQ: NVDA) stock prices may be on the crisis of rebound, and technical indicators indicate a potential shift after a series of volatile trading sessions.
The NVDA price movement reflects wider market sentiment, wiping away many of the artificial intelligence (AI)-driven gatherings over the past year.
As of the last trading session, Nvidia ended at $112.69, earning 1.9%. However, inventory is under pressure, falling nearly 9% in a week and 18% since the start of the year.
What’s next for NVDA stock price?
According to the trading platform, lock trading may be prepared for bounce after the recent selling situation of NVDA. Their March 9 analysis suggests that the stocks can gather towards a 200-day moving average (MA) of nearly $127, potentially pushing to $143 if momentum is retained.
“NVDA is being sold in a very high volume. We are currently likely to return to 200 MA, at $127, and will probably be straight to $143 again,” the analyst said.
The analysis shows that Nvidia’s stochastic relative strength index (RSI) leaves deep sold territory and signals a historically strong rebound. Meanwhile, the MACD indicator shows weaker sales momentum, further supporting short-term gatherings.
However, analysts warned that the NVDA could be forming a head and shoulder pattern (bearish inverted signal).
Meanwhile, Market Maestro highlighted increased volatility and changing potential trends in chipmaker stocks. In this case, NVDA is testing the main support zones between $112 and $128, marked as “fair value gaps.”
A break below this range could send the stock to $110 or $70, but a strong rebound could push it back to a large resistance level of $150.
The RSI has fallen to 41.38, approaching overselling territory. However, rising volumes indicate a rise in sales pressure and adds uncertainty.
NVDA Stock Basics
In particular, NVIDIA shares have shown inactive performance despite reporting record revenue. In the fourth quarter, the tech giant posted revenue of $39.33 billion, exceeding an estimated $3.805 billion and net profit surged to $22.09 billion, nearly doubled from a year ago.
The data center segment, which currently accounts for 91% of total sales, generated $35.6 billion, up 93% from the previous year. Blackwell, Nvidia’s next-generation AI chip, has donated $11 billion in revenue and is the fastest recruiting experience in the company’s history. NVIDIA forecasts first quarter revenue of $43 billion in the coming quarter, meaning growth of 65% year-on-year.
Despite concerns about slower expansion and competition with custom AI chips, Nvidia is confident in its market position. From this perspective, the company is banking its next generation Blackwell Chips, driving the next wave of AI innovation.
These chips offer four times more AI training 4 times faster, making AI reasoning 20 times cheaper than its predecessor. Production ramp-ups are temporarily weighing gross profits, but this short-term problem fixes itself as efficiency increases.
Wall Street remains bullish for NVDA stocks
Meanwhile, after the February 26th earnings report, the Wall Street section remains bullish for most of Nvidia stocks.
For example, BOFA Securities raised its price target to $200 (from $190) and maintained its “buy” rating. Analyst Vivek Arya pointed to Nvidia’s leadership in AI calculation and inference applications, highlighting Blackwell’s incredible $11 billion in sales.
JPMorgan reaffirmed its $170 price target and “overweight” rating, citing strong customer demand for AI calculations and accelerated Blackwell ramps.
Raymond James also maintains the $170 target, pointing out that Blackwell’s revenues are already outweighing its predecessor Hopper. The company emphasizes the increasing importance of inference, and models like DeepSeek require significantly more computational power.
Needham stuck to the $160 price target and praised Blackwell’s outperformance despite previous overheating concerns. Analyst Rajvindra Gill estimates the total margin estimate below 100bps and is predicted to be slower in recovery. However, the increased demand for inference is expected to maintain Nvidia’s AI momentum.
In contrast, Summit’s insights downgraded Nvidia’s inventory to “hold” and cited an undesirable balance of risk rewards. Analyst Kinngai Chan warned that growth in the second half of FY26 will slow down as GPU supply increases demand.
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