Nvidia's Earnings: The New Test for the AI Rally - 5 Key Points the Market Will Watch

The headline highlights that Nvidia's earnings release is a critical test for the AI rally. This situation may lead investors to adopt a cautious stance, keeping price movements limited. Technical indicators are sending mixed signals: RSI is neutral at 47.8, MACD is negative but approaching its signal line, and the price is just above the SMA20 but below the SMA50. In the short term, directional uncertainty prevails, making a neutral outlook prominent. The price action following the earnings report will determine the direction, depending on the breakout of current technical levels.

The news headline centers on Nvidia's earnings, which presents a sector-wide risk factor rather than a direct catalyst for GOOGL. Technical indicators are sending mixed signals: RSI is in neutral territory, MACD is below the signal line but positive, and the price is just above the SMA20 and SMA50. A sideways movement can be expected in the short term, but volatility in AI stocks may increase depending on Nvidia's results. Therefore, caution is advised until a clear directional signal emerges.

Expectations for the continuation of the AI rally ahead of Nvidia's earnings could positively impact AMD's stock. On the technical indicators, RSI is around 60 and MACD is above the signal line, indicating strong short-term momentum. The price being above the SMA20 and a 3.7% increase in the last 24 hours point to a bullish trend. However, volatility across the sector may increase depending on Nvidia's results, so cautious optimism is appropriate. The probability of the upward movement continuing in the short term is moderate.