Nvidia Stock Breaks Through Resistance Zone
Nvidia's stock price has been on an upward trend since last Thursday, increasing by 12.1% from its low near $190.00.
The stock reached a high of $213.00 today, pushing it into the resistance zone that started in October 2025.
This ceiling area ranges between $212.19 and $214.39, with the current price trading at $212.83.
If buyers can break through this resistance and hold above it, the technical outlook will improve, potentially leading to a run towards prior swing highs of $221.76 and $232.26, with the all-time high at $236.54 looming beyond.
The recent rally has also helped Nvidia regain its 200-day moving average ($193.41) and climb back above key moving averages, including the 100-day moving average ($200.93), the 200-hour moving average ($201.75), and the 100-hour moving average ($203.61).
This cluster of moving averages now serves as a significant close-risk area, with Nvidia's price needing to remain above it for the technical bias to favor buyers.