Nvidia stock: Advanced memory deal and upcoming earnings drive 2.30% gain

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Nvidia gains 2.30% today to $190.04

Highlights

Nvidia will report its Q4 and full-year fiscal 2026 earnings on February 25, 2026, amid rising investor focus on AI initiatives.
The company announced new partnerships with major Korean firms to develop HBM4 memory supporting large-scale GPU deployments for sovereign AI in South Korea.
Nvidia trades at $190.04, above support levels (Ichimoku Kijun $182.74), with expected consolidation between $187–$193 and an 80%+ probability of further gains.

Earnings anticipation and Korean partnerships spur focus on AI expansion

Nvidia is preparing to report its fourth-quarter and full-year fiscal 2026 earnings on February 25, 2026. The company recently announced partnerships with leading Korean firms for the development of advanced memory technology (HBM4), supporting large-scale GPU deployments for sovereign AI initiatives in South Korea. Nvidia also faces ongoing industry challenges around power and cooling needs as it ramps up next-generation data center infrastructure.

Mixed momentum and overbought signals as volatility heightens near resistance

The nearest dynamic support is located at the Ichimoku Kijun level of $182.74, with MA-50 and the round number at $190 acting as immediate resistance. Technical momentum is mixed: MACD on the daily chart signals a sell while ADX reads neutral, underscoring limited trend strength. The Relative Strength Index is moderately bullish at 55.33, but intraday indicators — Stochastic RSI (82.63) and Bull/Bear Power (9.36) — signal significant overbought conditions and strong buyer dominance. The Commodity Channel Index remains supportive at 76.66. However, the Awesome Oscillator does not confirm the uptrend, revealing a divergence between various oscillators. Today’s strong move was achieved with little to no gap at open, as the price closed near the session’s highs ($184.92 – $193.66), highlighting increased intraday volatility.

High upside probability as volatility band narrows and consolidation looms

Over the next five trading days, the expected volatility band relative to current levels is $186.90 to $193.50. The probability of further price increases remains high (above 80%), while downside risks are limited. Baseline scenario: price consolidates between $187 and $193 as mixed momentum prevails. A break above $193.50 may catalyze renewed buying, while a failure at $186.90 could trigger a pullback toward the Ichimoku Kijun at $182.74.

Anton Kharitonov, analyst at Traders Union, sees Nvidia maintaining a bullish structure above key moving averages, but notes significant divergence among technical indicators. He highlights that despite positive news on AI partnerships, overbought conditions and mixed momentum suggest reduced conviction for further near-term upside. Kharitonov believes $193.50 and $186.90 are critical pivots, framing his tactical view within a cautious defend-and-react scenario. "Base case remains consolidation between $187 and $193 — if $186.90 fails, I expect a pullback toward $182.74."

Last time, analysts noted that Nvidia remains in a bullish technical structure, with shares trading above key moving averages and the 50-day average firmly above the 200-day, indicating sustained institutional demand. Momentum indicators such as the RSI are supportive of further gains, while the $175–$180 area acts as key support and resistance is seen near $200 and in the $212–$220 range.

Source of Data: NVDA Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.