Buy signal, second week
Nvidia stock drops 4.6% ahead of earnings as sellers take back control
Our view last week
After last week's 11.6% surge, Nvidia stock is slowing down: the confirmation week closes with a modest +0.5%, holding the highs area without yet attacking resistance at 227.5. The session's volume still favors sellers, a small caution flag inside an otherwise solid weekly picture. Our weekly technical analysis is tracking the structure's hold closely, with earnings due in two weeks adding weight to the timing.
This week's summary
Nvidia stock drops 4.6% in the week just closed: after early August's 11.6% surge, sellers are back in control, with volumes contracting and buyer dominance visibly collapsing. The buy signal is still active, in its second week, but this week's earnings report weighs on the timing. Our weekly technical analysis is tracking the structure's hold closely in a picture that is still bullish but more fragile.
IQS Phase
46
ordinary
Signal Strength
59
medium
Sizing
STANDARD
Ranking
#72 / 167
US stocks in progress
Trade P&L %
-4.13%
from signal to date, no stop loss
Rank position
ranks 72nd among the 167 Longs already running for US stocks in our ranking, with a signal strength of 59 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly -3.53% · monthly +1.69%
NVDA belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
restricted Platinum content