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NVDA

daily
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UPTREND
Support
$203
Resistance
$223
NVDA NVIDIA Corporation daily candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — uptrend as of May 22, 2026
NVDA Daily chart 2026-05-22 20:38:43 UTC
AI-generated analysis — not financial advice. For educational purposes only.

NVDA Daily Technical Analysis Summary

As of May 22, 2026, NVDA (NVIDIA Corporation) is in a uptrend state on the daily chart, with a confidence level of 72%. Key support is at $203 and key resistance at $223. Sharp breakout from the ~$180-$190 base into a new high near ~$230, followed by a pullback/flag back toward the rising short-term averages; price ~$215 holding above EMA50/EMA100 with RSI ~54 cooling.

Price Scenarios & Targets

bullish

Bullish continuation: pullback completes as a wave-4 style flag above EMA50, then price attempts a wave-5 push to retest/clear the prior high; Fibonacci focus: a shallow retrace (roughly 23.6%-38.2% of the ~$170->$230 impulse) typically resolves higher in strong trends.

Price Target
$235
Path to target
First move
$223
Pullback
$210
Final target
$235

bearish

Deeper correction: wave-5 fails and price mean-reverts to the prior breakout zone/EMA100; this would look like a larger ABC pullback with the base top acting as support (risk increases if multiple closes occur below EMA50).

Price Target
$187
Path to target
First move
$195
Pullback
$205
Final target
$187

Key Triggers

Confirmation & Invalidation

✓ Confirmation

Daily close back above $223 with follow-through (2+ closes holding above $223)

✗ Invalidation

Daily close below $203 (EMA50) and then failure to quickly reclaim it

Position Entry & Exit Levels

⊕ Add

Start $205 – $210
Add $195 – $203
Heavy $183 – $188

Scale-in around EMA50 then EMA100; heavy add near the prior base top/SMA200 (~$187) where trend buyers typically defend if the breakout remains valid.

⊖ Derisk

Trim 1 $230 – $235
Trim 2 $245 – $260
Close $275 – $300

Trim into prior-high retest and potential wave-5 extension; increase derisking if price becomes stretched far above rising EMA50/100 and RSI re-accelerates while volatility expands.

Frequently Asked Questions

What is the daily technical outlook for NVDA today?

As of May 22, 2026, NVDA (NVIDIA Corporation) is in a uptrend state on the daily chart with 72% confidence. Sharp breakout from the ~$180-$190 base into a new high near ~$230, followed by a pullback/flag back toward the rising short-term averages; price ~$215 holding above EMA50/EMA100 with RSI ~54 cooling.

What are the daily support and resistance levels for NVDA?

On the daily timeframe, NVDA has key support at $203 and key resistance at $223. The most likely scenario (bullish) targets $223 and $235, with a revert level at $210.

Is NVDA in an uptrend or downtrend?

NVDA (NVIDIA Corporation) is currently classified as uptrend on the daily chart, with 72% confidence. Confirmation requires: Daily close back above $223 with follow-through (2+ closes holding above $223) This would be invalidated by: Daily close below $203 (EMA50) and then failure to quickly reclaim it

What are the price targets for NVDA?

The most likely scenario (bullish) targets $223 and $235, with a revert level at $210. The alternative scenario (bearish) targets $195 and $187.

Other Timeframes for NVDA
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