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Nvidia stock drops 2.9% as volume flips to the buy side

Weekly technical analysis on Nvidia stock, one of the market's key semiconductor stocks: the shares drop 2.9%, but volume flips to the buy side and money flow improves. The Sell signal is in its 7th week, the short up 2.16%.

Nvidia stock drops 2.9% as volume flips to the buy side
Nvidia: the Sell signal reaches week 7
Nvidia stock drops 2.9% as volume flips to the buy side
July 31, 2026
Nvidia: the Sell signal reaches week 7
Our view last week
After a triple rejection in the 213.8 area and last week's pullback, NVIDIA stock recovered 2% this week — but volume tells a different story: 62% of trading stayed on the sell side, and money flow worsened instead of improving. Price remains boxed between the 20-day and 50-day averages, with a double bottom in the 190 area acting as the floor. The Sell signal has been under management for six weeks, now near breakeven.
This week's summary
Nvidia stock drops 2.9% this week, but volume tells a different story than seven days ago: trading flips back to majority buying (57%, versus 62% on the sell side the week before) and money flow improves, though it stays negative. The Sell signal has been under management for seven weeks, the short up 2.16%, while price stays boxed between the 20-day and 100-day averages.
Ongoing decline ·8th week from start ·US stocks ·T2 ·📅 Earnings · Aug 26 ★ See Gold version →
IQS Phase
63
ordinary
Signal Strength
21
decline starting to make lower lows
Sizing
MINIMUM
Ranking
#46 / 138
US stocks
Trade P&L %
+2.16%
from signal to date, no stop loss
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
How to read this pageA visual guide to the post, card by card
Rank position

ranks 46th among the 138 sell signals for US stocks in our ranking, with a signal strength of 21 out of 100.

Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly -0.30% · monthly -5.53%

NVDA belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.

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