Nvidia Stock Falls While Jensen Huang Remains in Office

The news headline is largely neutral; while Jensen Huang remaining in his role removes an uncertainty, it does not offer a new catalyst. The price fell 7.2% in 24 hours, closing near the SMA20 (173.5) and clearly below the SMA50 (187); the short-term trend is weak. With RSI at 41, it is far from oversold territory, and MACD is negative and trading below its signal, meaning momentum remains to the downside. Therefore, the news alone is not sufficient for a recovery; the SMA20 support around 173 is critical, and if broken, downward pressure could continue. In the 1-3 day outlook, a sideways-to-downward bias and a limited reaction are expected.

Nvidia's stock decline could create short-term pressure on the technology sector, but GOOGL has currently shown a 2.7% increase within 24 hours. The RSI at 59 and MACD above its signal line support a medium-term upward trend. The fact that SMA20 and SMA50 remain below the price indicates that short-term support levels are strong. Therefore, the direct impact of Nvidia's negative news on GOOGL may be limited. In the near term, the price is expected to maintain a stable course while preserving current support levels.