NVIDIA stock presents a bearish daily setup, with oversold readings across all three timeframes. The hourly chart confirms that bias…
NVIDIA stock presents a bearish daily setup, with oversold readings across all three timeframes. The hourly chart confirms that bias. A positive 15-minute MACD histogram offers a limited counterpoint, but it does not outweigh the higher-timeframe evidence.
Summary
Key takeaways
- NVIDIA stock closed on Thursday, November 5, 2026 at $181.60, down 9.26%, on volume of 303,158,900 shares.
- Daily RSI14 is 25.39, in oversold territory; the daily MACD histogram is -2.98, with the MACD line at -7.22 below its signal at -4.24.
- The close sits below the 20-session EMA at $211.11, the 50-session EMA at $216.23, and the 200-session EMA at $205.27.
- Daily ATR14 rose to $7.34 from $6.47; the daily lower Bollinger band is at $192.25.
- The hourly MACD histogram increased to -1.84 from -2.02; the 15-minute MACD histogram is 0.51.
NVIDIA stock price action and session data
NVIDIA stock opened at $196.07, traded between a low of $181.46 and a high of $196.25, and closed at $181.60, against a previous close of $200.13. The decline measured 9.26% versus the previous close.
NVIDIA stock remains below its daily averages
The close sits below all three key daily averages. The 20-session EMA stands at $211.11, the 50-session EMA at $216.23, and the 200-session EMA at $205.27. These averages represent overhead barriers. However, their ordering is not fully bearish: the 200-session EMA sits below both shorter averages.
Daily momentum and volatility context
Daily RSI14 is 25.39, in oversold territory. Meanwhile, the daily MACD line stands at -7.22, below its signal at -4.24, producing a histogram of -2.98. Oversold conditions therefore coexist with bearish momentum evidence. They do not establish a bullish case on their own.
The close is also below the daily lower Bollinger band at $192.25. The mid-band sits at $213.68, placing price outside the lower boundary of the daily bands. Notably, daily ATR14 rose to $7.34 from $6.47, indicating greater volatility by that measure.
Hourly confirmation, with a short-term conflict
On the hourly chart, price sits below the 20-hour EMA at $194.24, the 50-hour EMA at $202.51, and the 200-hour EMA at $214.78. Their ordering is fully bearish. Hourly RSI14 is 17.74, also oversold. This timeframe therefore confirms rather than weakens the daily bias.
However, the hourly MACD histogram increased to -1.84 from -2.02. It remains negative, with the MACD line at -6.84 below its signal at -5. The histogram change is a narrow counterpoint. It does not constitute a bullish hourly signal.
In contrast, the 15-minute MACD line at -3.05 sits above its signal at -3.56, producing a positive histogram of 0.51. Yet 15-minute RSI14 is 27.37, and price remains below the 20-quarter-hour EMA at $184.98. For execution context, the close lies between the lower Bollinger band at $180.88 and the mid-band at $183.87. The positive MACD reading conflicts with the bearish higher timeframes but does not resolve that conflict.
Next-session levels and conditional scenarios
When trading resumes, the daily pivot sits at $186.44. First resistance stands at $191.41, and first support at $176.62. The hourly and 15-minute charts share a next-session pivot at $182.23, with first resistance at $183 and first support at $180.83. These are reference levels for the next session, not levels that governed Thursday’s trading.
The bullish scenario requires price to reclaim the hourly and 15-minute pivot at $182.23. It then needs to clear their first resistance at $183. A move above the daily pivot at $186.44 would strengthen that case. Beyond it, daily first resistance at $191.41 precedes the daily lower Bollinger band at $192.25. Reclaiming those levels would support the bullish case, although the daily averages would remain overhead.
Conversely, a break below the session low at $181.46 and next-session hourly first support at $180.83 would invalidate that near-term bullish case. The daily first support at $176.62 would then become the lower reference. Oversold RSI readings alone do not invalidate this bearish scenario.
News context and the chart verdict
Separately, a Seeking Alpha report published after Thursday’s close linked the decline to analyst risk warnings, China chip restrictions, and a technical breakdown. That explanation belongs to the report; its publication followed the session.
Overall, NVIDIA stock stands below its daily averages and the next-session daily pivot at $186.44. ATR14 indicates greater volatility. Oversold RSI readings coexist with bearish daily and hourly MACD signals. The unresolved question is whether price can reclaim the nearby pivots or break below support.
FAQ
What are the key support and resistance levels for NVIDIA stock?
The next-session daily pivot is at $186.44, with first resistance at $191.41 and first support at $176.62. The hourly and 15-minute charts share a next-session pivot at $182.23, first resistance at $183, and first support at $180.83.
Where does NVIDIA stock stand relative to its moving averages?
The close sits below the 20-session EMA at $211.11, the 50-session EMA at $216.23, and the 200-session EMA at $205.27. On the hourly chart, price remains below the 20-hour EMA at $194.24, the 50-hour EMA at $202.51, and the 200-hour EMA at $214.78.
What do the RSI readings indicate across timeframes?
Daily RSI14 is 25.39, hourly RSI14 is 17.74, and 15-minute RSI14 is 27.37. All three readings are in oversold territory.
Disclaimer: This article is for informational purposes only and does not constitute financial advice, an investment recommendation, or a solicitation to buy or sell any financial instrument. The analysis provided is not indicative of future results. Investing in financial markets carries a high risk of capital loss. Always do your own research (DYOR) and consult a qualified financial advisor before making any decision.
Cryptonomist and the author hold no positions in the financial instruments mentioned and receive no compensation from the companies covered.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.
