Nvidia Stock Holds $213 Support as Earnings, Jackson Hole Loom

Nvidia stock enters earnings week at a tension point: a structurally intact uptrend versus short-term selling pressure. Shares closed at $214.72, with momentum cooling beneath the surface. The daily chart signals pause, not breakdown — but conviction is thin ahead of the print.

Key takeaways

• Nvidia stock closed at $214.72, caught between a structurally intact daily uptrend and growing short-term selling pressure.
• Daily RSI sits at neutral 51.01, while MACD shows a bearish crossover — momentum is fading but the trend has not reversed.
• The hourly chart confirms sellers are in control, with RSI at 32.9 and price trading below the EMA20 and EMA50.
• Daily support at $213.23 is the critical line; a break below opens the path to the EMA50 at $210.54.
• Earnings and Jackson Hole inflation data are expected to keep volatility elevated, with daily ATR at 5.75.

Notably, the setup arrives at a sensitive moment. Nvidia earnings headline a week that also includes the Jackson Hole inflation reading, according to reporting from Yahoo Finance. That combination alone is enough to keep implied volatility elevated regardless of which way price ultimately breaks.

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