Nvidia Lost Nearly $500 Billion in Value This Week
📊 NVDA — Piyasa Yorumu
▼ down · 62%NVDA fell 5.6% in 24 hours to 166 and is trading below its SMA20 (169.6) and SMA50 (181.2); the short-term trend is weak. RSI at 36.6 indicates selling pressure but is not yet in oversold territory, suggesting that downside room may continue, albeit limited. MACD is negative and very close to the signal line; momentum is weak but there is no sharp loss of momentum. News of a $500 billion loss in value has negatively affected market sentiment and could trigger reaction selling in the short term. Nevertheless, given that RSI is approaching a low level, a limited rebound buying possibility within 1-3 days should not be ruled out; therefore confidence was kept at a moderate level of 0.62.