Welcome to our comprehensive analysis of NVIDIA (NASDAQ: NVDA) for Week 1, January 2026 (Week 1). This blog post delivers a deep dive into the latest technical and fundamental drivers shaping NVDA’s price action, with actionable trading scenarios for the week ahead. Whether you’re a trader or a long-term investor, this analysis will help you navigate the dynamic semiconductor and AI sector landscape. 📈💡

NVDA Weekly Price Chart & Technical Overview

(See chart above for full visual details: includes price, volume, and MACD overlays)

Key News & Catalysts (Past 7 Days)

• Record Q3 Fiscal 2026 Results: NVIDIA reported revenue of $57.0B (up 22% sequentially, up 62% YoY), with Data Center revenue at $51.2B. Blackwell GPU sales are described as “off the charts,” and cloud GPU demand remains robust. [Earnings Release]

• Groq Licensing Deal: Media reports highlight a major ~$20B licensing arrangement with Groq, including hiring of key personnel and strategic expansion into inference technology. [CNBC Coverage]

• Shareholder Returns & Dividend: NVIDIA returned $37B to shareholders in the first nine months of fiscal 2026 and announced a $0.01/share quarterly dividend. [Dividend Details]

Technical Analysis

• Trend & Structure: NVDA is in a confirmed uptrend, trading above its 9-day EMA. The recent ascending triangle breakout is a strong bullish signal, supported by increasing volume.

• Support & Resistance: Key support sits at $183.86 (major) and $178.85 (minor). Resistance is found at $192.69 (major) and $196.00 (minor). These levels are critical for short-term traders.

• Momentum Indicators: The RSI at 58.68 is bullish but nearing overbought territory, suggesting some caution for aggressive entries. The MACD’s positive cross aligns with the bullish thesis.

• Volume Analysis: The breakout was accompanied by a notable surge in volume, indicating strong institutional participation and conviction behind the move.

Technical Table: Key Levels & Indicators

Fundamental & News Impact

• Financial Strength: NVIDIA’s Q3 results shattered expectations, with data center and AI demand driving record revenues. The company’s ability to return capital ($37B YTD) and maintain a robust share repurchase program ($62.2B authorized) highlights financial flexibility.

• Strategic Partnerships: The Groq licensing deal positions NVIDIA to further dominate AI inference, expanding its TAM and reinforcing its leadership in the AI compute space.

• Market Context: Ongoing cloud GPU shortages and strong AI sector demand provide a supportive macro backdrop. No major negative macro events or regulatory headwinds were reported this week.

Actionable Scenarios for the Week Ahead

Risk Management Tips

• Risk no more than 1% of capital per trade.

• Use ATR (Average True Range) for adaptive stop placement.

• Monitor volume and price reaction at key levels for confirmation.

Summary & Outlook

NVIDIA enters the first week of January 2026 with strong bullish momentum, underpinned by record financial results, robust demand for AI hardware, and strategic expansion into inference technology. The technical setup favors further upside, but traders should watch for potential overbought signals and respect key support levels. The week’s actionable scenarios provide clear entries and exits for both bullish and bearish outcomes. 🚦

Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Please conduct your own research and consult with a financial advisor before making trading decisions.