NVDA stock analysis today
NVIDIA Corporation · updated Oct 16, 9:47 PM EDT
$214.13
-3.10 (-1.43%)
Last daily close or latest price · 6 months, daily candles
Boo's call
WAIT
No clean setup
NVDA is in a downtrend right now (price is under its key moving averages). Boo only buys breakouts in uptrends, so the call is to wait rather than try to catch a falling stock.
Boo's trade plan
Entry
Stop
Target
Boo's trigger price: the level that would turn this into a BUY.
See Boo's plan, freeTrend
Bearish
Price below falling averages
Momentum
Fading
Losing steam
RSI (14)
38
Neutral zone
52-week range
63%
Of the way from low to high
Typical daily move
2.2%
About $5.97 a day (ATR)
vs S&P 500 (20 days)
-3.9%
Lagging the market
Boo's breakout rule triggered 18 times on NVDA in the last 2 years and hit its target 10 times. Past results don't guarantee future ones.
Questions people ask
Is NVDA a buy right now?
As of October 16, 2026, Boo's read on NVDA is WAIT. NVDA is in a downtrend right now (price is under its key moving averages). Boo only buys breakouts in uptrends, so the call is to wait rather than try to catch a falling stock. This is a technical read of the chart for education, not financial advice.
How does Boo analyse NVDA?
Boo reads NVDA's daily chart: the trend (moving averages), how tightly price is coiling, volume, RSI, strength against the S&P 500, and how close price is to a key level like the 52-week or all-time high. It only calls BUY when a breakout setup lines up, and it tests the same rule on NVDA's past two years of prices.
Where should I put a stop loss on NVDA?
Below the level where your idea is wrong, often under a recent swing low or 1.5 to 2 times the ATR below your entry (NVDA's ATR is about $5.97). Boo's exact stop is in the full plan; you can also work one out with the free stop loss calculator.
Get Boo's full NVDA plan
Entry, stop loss, target and position size for NVDA, sized to your account, plus a scan of any other stock or coin. Your first full plan is free.