Tech Stocks Slide Led by Nvidia, Micron, and Alphabet as AI Rally Fades

The headline signals a broad sell-off as the artificial intelligence rally fades, which could weigh on GOOGL shares. Technical indicators support this view: the RSI at 35.27 is approaching oversold territory but remains in a downtrend; the MACD line is below the signal line and in negative territory, indicating weak momentum. The price is trading below the 20-day and 50-day moving averages (359.18 and 362.07, respectively), confirming a short-term bearish trend. The 6.14% decline in the last 24 hours points to intense selling pressure. However, the RSI nearing oversold levels increases the likelihood of a short-term bounce, reducing confidence in further downside.

The headline signals clear selling pressure as the AI rally fades. Although NVDA's RSI is at 49.3, indicating a neutral zone, the MACD remains below the signal line, suggesting weakening momentum. The price is attempting to hold just above the 20- and 50-day moving averages, which now serve as critical support levels. In the short term, selling pressure is likely to persist, but since the stock has not entered oversold territory, the downside may be limited.

Although MU shares have surged sharply by 16% in the last 24 hours, the RSI has entered overbought territory at 71.77. News headlines indicate a selloff in technology stocks and a fading of the artificial intelligence rally, which could trigger profit-taking in the short term. While the MACD remains bullish, the combination of an overbought signal and negative news flow increases the likelihood of a decline. Therefore, a downward movement can be expected in the near term.

AAPL is trading slightly below its 20-day moving average, with the MACD below the signal line, indicating short-term bearish pressure. The 24-hour decline of 0.65% reflects a broader sell-off in technology stocks. Major tech firms such as Nvidia, Micron, and Alphabet are experiencing selling waves, sending a negative signal to the sector. Given these factors, AAPL's price is expected to continue with a slight decline over the next 1-3 days. However, risks should be considered as technical indicators do not provide a very clear direction.