Since the price of NVIDIA (NASDAQ: NVDA) is established higher than the 100 dollar support area, technical indicators indicate that the semiconductor giant faces a potential accident of 50 %.
It is worth noting that NVIDIA shares initially fell amid emerging trade tensions in the United States and China, but they were frequently recovered from Friday, according to reports that the White House had given major sectors such as semiconductors of revenge definitions.
Although the stock shows strength at the present time, the possibility of more from the negative side, especially since President Donald Trump has announced plans to issue a new tariff on semiconductor imports.
However, the price of the artificial intelligence giant (AI) increased by 1.1 %, as it is traded at $ 112 from the time of the press.
NVIDIA technical signal crash
Given the technical preparation, NVIDIA is likely to decrease to $ 56, a level in line with the simple moving average for 200 weeks (SMA). The stocks sparked a “sale” signal on the weekly time frame, coinciding with a lower rest than the main support structure of about $ 100.
The last candle shows a 17.62 % increase to $ 110.93 after it decreased to less than $ 90 during the process of selling the market resulting from the tariff, but it may be only temporary.
The technical preparation indicates a breach of the medium -term medium -term support zone, which opens the door to re -test the Master of 200 weeks, and it is currently sitting near $ 56.
This level, which was last touched in late 2022, represents the Macro Support Zone and a critical psychological area. The move towards SMA for 200 weeks means a decrease of more than 50 % from the current levels.
Wall Street Pols on Nafidia shares
Meanwhile, although technical expectations seem dark, Wall Street analysts Tipranks NVDA forecast at $ 174 over the next 12 months. Of the 41 analysts, 37, he evaluated “buy”, “4 proposals”, and nothing recommends selling. The consensus is a “strong purchase”, with the price targets ranging from $ 120 to $ 220.
In line with this feeling, on April 11, the ATIF Malik of Citi Malik reduced the NVIDIA goal from $ 163 to $ 150, indicating an expected slowdown in sales of the graphics processing unit due to the expected spending discounts from Easter, which reduces data center investments. Despite the pruning of GPU sales, Citi maintained the “purchase” classification.
On the same day, UBS reaffirmed its price of $ 185 and “buy” on NVIDIA. The company referred to the strong Taiwan export data and a 10 % increase in March sales of TSMC as bullish signals of the NVIDIA data center momentum. UBS expects a 18 % jump on a quarter of a quarter of the data center revenue, and is fueled by the continuous demand for the spontaneous organization infrastructure. However, he has warned that the recent export force may reflect the front -loaded requests due to tariff fears instead of continuous demand.
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