Market snapshot
NVIDIA Corporation (NVDA) was trading at $163.55, down 5.86%, at 10:37 AM EST on Nov 12, 2026. Across the most commonly used time frames, the technical gauges register Strong Sell on the daily, weekly, and hourly charts.
Nearest support
- $161.43–$160.13: Nearest hourly support band. A failure below this area could open the way to the next hourly level at $158.84.
- $155.80–$153.40: Secondary hourly support zone.
- $146.89–$144.08: Major weekly support area. This is the critical lower-band test if selling intensifies.
Technical staffers note that a break under the hourly support at $160.13 would further weaken the immediate structure and elevate downside risk toward the secondary hourly and weekly bands.
Overhead resistance
- $164.02–$166.61: First hourly resistance cluster.
- $167.52–$172.32: A stronger hourly resistance zone that represents the larger short-term hurdle.
- $174.05–$177.19: Daily pivot and initial daily resistance band.
- $184.06–$186.69: Area defined by the daily 10-day EMA and 10-day SMA.
A move above the hourly resistance at $166.61 would improve the short-term technical setup, but the $172.32 area remains the principal obstacle for any sustained recovery attempt.
Technical read
The momentum picture is tilted toward the downside. The daily relative strength index stands at 25.23 and the weekly RSI at 32.76; both readings are weak, with the daily measure in deeply oversold territory. The daily MACD is negative, and the price sits below all cited daily moving averages, reinforcing trend pressure rather than signaling a confirmed reversal.
Volatility is notable. The daily average true range is $9.85 based on the latest technical snapshot, meaning support levels could be overshot quickly, particularly after the session decline of 5.86%.
Bottom line
The immediate battlefield is the $160.13 to $166.61 range. If the stock falls beneath $160.13, downside targets include $155.80 first and then the weekly band around $146.89. Conversely, a sustainable break above $166.61 could catalyze moves toward $172.32, though the broader trend remains defensive given the momentum and moving-average positioning.