$NVDA – Weekly Analysis

In today’s analysis, we take a closer look at Nvidia, the largest pillar of both the S&P 500 and Nasdaq, with a representation of roughly 9% in each index, and assess its underlying technical health after Friday’s 4.5% loss. We break down the critical signals, examine the evolving structure, and outline the most probable paths forward for one of the market’s most influential stocks. Candles Nvidia has been extremely bullish, and it may have just played a technical trick. This week, the stock once again exceeded the 3-standard-deviation range on the weekly frame. There have been only a handful of such events in the stock’s entire history, and almost all of them triggered significant drawdowns, typically in the 10–30% range or more. These events are genuinely rare, with a one-sided probability of roughly 1 in 741. The current rally has become exceptionally stretched. Nvidia produced two such extreme events in…