Nvidia shares have staged an impressive rebound since last Thursday, rallying 12.1% from a low near $190.00.
Today’s move extended to $213.00, pushing the stock into an important resistance zone that has its roots going back to October 2025
More recently, sellers have consistently leaned against a ceiling between $212.19 and $214.39, and the stock is currently trading within that range near $212.83. If buyers can break and hold above that resistance area, the technical picture would improve further, opening the door for a run toward prior swing highs at $221.76 and $232.26, with the all-time high at $236.54 looming beyond. The recent rally has also repaired much of the technical damage from the late-June selloff.
The stock has reclaimed its 200-day moving average ($193.41) and has climbed back above a key cluster of moving averages, including the 100-day moving average ($200.93), the 200-hour moving average ($201.75), and the 100-hour moving average ($203.61). That moving average cluster now serves as an important close-risk area. As long as the price remains above it, the technical bias favors the buyers.