Nvidia Shares Decline Following CEO Relationship Allegations
📊 NVDA — Piyasa Yorumu
▼ down · 55%NVDA closed near its 20-day simple moving average (SMA20) at 173.5 after a sharp 7.2% drop in 24 hours, and remains well below its 50-day SMA at 187; the short-term trend is weak. The RSI at 41 is in neutral-to-bearish territory, while the MACD is negative and below its signal line, confirming downward momentum. News flow around CEO relationship allegations could undermine confidence in the fundamental story and sustain selling pressure in the near term. However, price is holding above the SMA20 and the RSI is not in oversold territory; therefore, the decline is likely to be limited and choppy. A mild downward bias is expected over the next 1-3 days, with pressure potentially increasing on a close below 173.