NVIDIA Rises 1.37% as AI Flows Build, Eyes $185 Pivot

$NVIDIA(NVDA)$

Surged +1.37%: AI Chip Giant Tests Recovery Zone, $185 Pivot Activated

Latest Close Data

NVDA closed at $180.26 (+1.37%, +$2.44) on November 27th, recovering from yesterday's $177.82 close.

The stock remains 15.0% below its 52-week high of $212.19, showing resilience after recent consolidation.

Core Market Drivers

AI infrastructure demand continues driving institutional interest with net inflows of $2.92B on Wednesday.

Strong datacenter GPU demand amid holiday season positioning supports near-term momentum. BlackRock increased holdings by 19.28M shares, signaling institutional confidence in Q4 recovery potential.

Technical Analysis

Volume of 184M shares (0.61x ratio) suggests controlled accumulation.
MACD shows improving momentum at -2.47 DIF vs -0.75 DEA, indicating potential bullish divergence formation.
RSI(12) at 43.21 has room to run before overbought levels, while RSI(6) at 41.34 shows healthy base-building above oversold territory.

Key Price Levels

Primary Support: $177.78 (proven bounce level)
Strong Resistance: $181.78 (immediate test zone)
Immediate Pivot: $185.00 (breakout catalyst level)

Valuation Perspective

Trading at 44.6x TTM P/E and 23.4x P/S ratio, NVDA remains premium-valued but below historical AI boom peaks.

Forward P/E of 38.03 suggests reasonable growth expectations compared to 42.96 historical average.

Analyst Targets

56 institutions maintain average target of $250.57 (39% upside potential).

Strong conviction with 23 Strong Buys, 35 Buys vs only 6 Holds and 1 Underweight rating.

Weekly Outlook

Expect consolidation within $175-$185 range with potential breakout above $185 targeting $195-$200 zone.

Key catalyst: sustained volume above 200M shares needed for momentum continuation.

Risk Disclaimer

This analysis is for informational purposes only and not investment advice. Past performance doesn't guarantee future results. Consider your risk tolerance before trading.

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