Nvidia shares expected to see $350 billion price swing after earnings
📊 NVDA — Piyasa Yorumu
▼ down · 65%The headline indicates that a significant price fluctuation is expected in Nvidia shares following earnings. Technical indicators already show a weak outlook: the price is below both the 20-day and 50-day moving averages, the RSI at 43 is below the neutral zone, and the MACD is trending negatively below the signal line. The 6.3% decline in the last 24 hours suggests increasing selling pressure. Therefore, the likelihood of continued downward movement in the short term is high.
📊 GOOGL — Piyasa Yorumu
▼ down · 65%GOOGL shares fell more than 3% in the last close, dropping to 387.70. Although the RSI at 37.7 approaches oversold territory, the MACD line remains below the signal line and in negative territory, confirming weak momentum. The price is trading below both the 20-day and 50-day simple moving averages. The expected large price swing following Nvidia's earnings could increase volatility across the technology sector and exert downward pressure on GOOGL. Given the weak short-term technical outlook, the downtrend is likely to continue.