Nvidia stock falls 2.38% as short-term sellers push price toward key support

Traders Union
All News
Financial News
Nvidia declines 2.38% after $25B bond sale

Highlights

Nvidia executed a $25 billion bond sale, its largest to date, with proceeds targeted toward AI infrastructure and debt refinancing.
First quarter revenue surged year-over-year to $81.6 billion, with data center business accounting for $75.2 billion of sales.
Technically, Nvidia faces near-term bearish momentum and is expected to range between $201.50 and $213.28, with a higher probability of downside movement.

Investor demand surges as landmark bond issue boosts growth outlook

Nvidia completed a $25 billion investment-grade bond offering, the largest in its history and first since 2021, with strong investor demand demonstrated by $85 billion in orders. The proceeds are designated for refinancing existing debt and funding AI infrastructure and data center projects, enhancing the company’s strategic capacity to support future growth and capital returns. Nvidia also reported significant year-over-year revenue gains in the first quarter, with total revenue at $81.6 billion and data center revenue reaching $75.2 billion, providing a supportive fundamental backdrop — though price action has remained under broader selling pressure.

Momentum mixed as medium-term uptrend meets near-term oversold signals

On the hourly chart, NVDA is trading below the MA-20 but remains above the MA-50, while on the daily, it holds above the MA-200. Immediate support is defined by the Ichimoku Kijun at $207.34. MACD signals a strong buy, while RSI stands at 46.92, reflecting a sell bias; ADX, CCI, and Awesome Oscillator are neutral. Stoch RSI and BBP both indicate oversold conditions, aligned with ongoing intraday selling pressure.

Downside risk elevated as trading range favors further consolidation

In the short term, NVDA is expected to trade within a typical volatility band between $201.50 and $213.28. There is a 37% probability of an upward move, while a downward scenario is more likely at 63%. The baseline scenario anticipates price consolidation within current support and resistance. A break above the upper end of the range could trigger buying, while a breakdown below support may intensify selling.

Anton Kharitonov, expert at Traders Union, notes that despite Nvidia’s strong demand for its bond offering and robust revenue growth, technical readings largely reflect persistent selling pressure. He sees the stock staying weak unless it can reclaim key short-term averages, as momentum indicators skew negative. The analyst remains cautious given the wide gap between fundamental strength and actual price action. "For now, I expect further consolidation near $207.34 support, with downside risks dominating until clear signs of recovery emerge."

Earlier, analysts noted that Nvidia’s efforts to diversify growth through international partnerships and adapt to regulatory challenges were set against a backdrop of mixed technical momentum and ongoing selling pressure. The latest capital markets activity and robust revenue growth reinforce Nvidia's long-term potential, but with heightened downside risk prevailing, traders should watch for a sustained move above $213.28 or below $201.50 to identify the next directional shift.

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.