Following the technicals of NVDA

NVIDIA Corporation

July 06, 2025

About NVDA

NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the following segments: Graphics Processing Unit (GPU) and Compute & Networking. The Graphics segment includes GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, Quadro and NVIDIA RTX GPUs for enterprise workstation graphics, virtual GPU, or vGPU, software for cloud-based visual and virtual computing, automotive platforms for infotainment systems, and Omniverse Enterprise software for building and operating metaverse and 3D internet applications. The Compute & Networking segment consists of Data Center accelerated computing platforms and end-to-end networking platforms including Quantum for InfiniBand and Spectrum for Ethernet, NVIDIA DRIVE automated-driving platform and automotive development agreements, Jetson robotics and other embedded platforms, NVIDIA AI Enterprise and other software, and DGX Cloud software and services. The company was founded by Jen Hsun Huang, Chris A. Malachowsky, and Curtis R. Priem in April 1993 and is headquartered in Santa Clara, CA.

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Technical Analysis

What can one say about NVDA and the trajectory that it has been on for the last two years? If only one could go back in time. NVDA, from a technical analysis point of view, is in a prime space as of this article being written, 7/6/25. NVDA closed on Friday just off an all time high at $159.34 and is ready to go higher.

This first chart (below) is probably as simple as one needs to start with. I have one line going across at the $153 mark. This was the price to beat last week and not only did NVDA cross it, but it used it as a support twice and still bounced back to close on Friday with an ATH. Normally, I would argue you need to tread carefully when trying to jump in on a stock when dealing with all time high ranges, however, NVDA is such a popular and hot stock right now, that even if it was to pull back I think you are not going to see a very strong dip that it won’t recover from quickly. (Politics and world news aside)

Because this is at an ATH, where is the next stop. I’m a little more cautious when it comes to measuring the next move up but take a look at the graph below. I put a price range in and this range is the last leg up NVDA made over the last week and a half. This is about 10.5% My comfort level of trying top pick a new range for a stock to trade in while looking for a new ATH is about half the percentage of its last move up. 5% from Friday’s high is about $170. I’m not saying NVDA will just move to his price, but if I was looking for NVDA to play around a new price while creating a new bullish signal, it would be between $155 - $170.

What about the other way? If NVDA opens in the red which it can due to profit taking I would look to see if the stock will hold that support line of about $153. If we dip past that, my next support would be at the $146 range.

A Final Note

Now, keep in mind. “The Big Beautiful Bill” just got passed on Friday and the stock market hasn’t had a chance to react to it yet. I’m just a technical guy and I don’t know all the ins and outs of what this bill includes. This could either drastically help or hurt the stock market due to its massive amounts of spending approvals. Monday might be a day for the sidelines to see what happens, and if the market dips down hard, maybe a nice chance to buy something cheap.

“Never financial advice, just a thought.”

-Bremcakes