NVDA Nears $190 as AI Optimism Fuels Fresh Inflows
$NVIDIA(NVDA)$
NVDA Jumps +3.01%: AI Leader Nears $190, Momentum Builds
Latest Close Data
Closed at $189.21 on 2025-12-24, up +3.01% (+$5.52). The stock is now ~$23 (10.8%) below its 52-week high of $212.19.
Core Market Drivers
Broad-based institutional and retail buying drove the day's gain, with net capital inflow of ~$812 million.
The move occurs amidst sustained market optimism for AI infrastructure spending, with NVIDIA at the epicenter.
Technical Analysis
Volume was solid at 175M shares (Volume Ratio: 0.87).
The MACD histogram turned positive to +1.98, signaling strengthening bullish momentum as DIF crosses above DEA.
The 6-day RSI at 71.1 indicates strong buying pressure but is approaching overbought territory.
Key Price Levels
Primary Support: $180.95 (Recent swing low).
Strong Resistance: $189.25 / $212.19 (Recent high / 52-week high).
Immediate Pivot: $189.21 (Today's close). A sustained break above $189.25 is key for further upside.
Valuation Perspective
Forward P/E stands at 39.28, below its historical average of 42.72 and within one standard deviation, suggesting a relatively reasonable valuation given its growth profile. TTM P/E is 46.83.
Analyst Targets
Sentiment is overwhelmingly bullish. Of 67 analysts, 24 rate it Strong Buy and 36 rate it Buy, with only 1 Underperform. The average 12-month price target is $253.19, implying ~34% upside.
Weekly Outlook
Expect consolidation near the $189 resistance with a bullish bias.
A confirmed breakout above $189.25 could target the $195-$200 zone. Failure to hold above $185 may see a pullback toward the $181 support.
Risk Disclaimer
This analysis is for informational purposes only and not financial advice. Past performance is not indicative of future results. Investing involves risk, including potential loss of principal. Conduct your own research before making any investment decisions.
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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
