Welcome to our comprehensive weekly analysis for NVIDIA (NVDA) as we enter Week 2 of February 2026. This post provides a deep dive into NVDA’s technical setup, the latest news and catalysts, and actionable trading scenarios for the week ahead. Whether you’re an active trader or a long-term investor, this analysis will help you navigate the current landscape with clarity and discipline. 📊

NVDA Price Chart & Technical Overview

(See chart above for full-width technical illustration with volume and MACD)

• Current Trend: Sideways/Neutral — Price is consolidating, oscillating around the 20-day EMA, with no clear directional bias.

• Momentum: RSI at 57.33 (neutral, neither overbought nor oversold).

• Volume: Recent increases on price rises, indicating renewed interest at higher price levels.

• Pattern: Consolidation range between recent highs near $194.49 and lows around $187.

Latest News & Catalysts (Jan 26 – Feb 2, 2026)

• Upcoming Earnings: NVIDIA is set to report earnings on February 25, 2026. This is a major catalyst that could drive volatility in the coming weeks. [YouTube]

• China Approves H200 Chip Sales: China reversed a previous rejection, now allowing DeepSeek to purchase NVIDIA H200 chips. This could boost sales and sentiment in the region. [Robinhood]

• Analyst & Institutional Sentiment: 95% of analysts rate NVDA a Buy, with a consensus price target up 60% YoY. Institutional accumulation remains strong, with 65% of shares held by large investors. [MarketBeat]

Technical Analysis

• Support & Resistance: NVDA is consolidating between $184.33 (major support) and $191.13 (major resistance). A decisive move outside this range could set the tone for the week.

• Pattern: The consolidation range suggests indecision, with neither bulls nor bears in clear control. Watch for a breakout above $192.00 or a breakdown below $181.11.

• MACD: The MACD is flat, consistent with the sideways price action. A bullish or bearish cross could provide early signals for a directional move.

• Volume: Rising volume on up days hints at accumulation, but confirmation is needed with a breakout.

Technical Table

Fundamental & News Impact

• Product Roadmap: The Vera Rubin chip line is entering full production, with launches planned through 2028. This underpins long-term growth expectations.

• AI & Data Center Demand: CEO Jensen Huang projects $3–4 trillion in global AI factory buildout by 2030, positioning NVIDIA as a key beneficiary.

• Macro Risks: Ongoing talks with OpenAI have stalled, and any negative developments could weigh on sentiment. However, recent regulatory approvals in China are a positive offset.

Actionable Scenarios for Week 2 February 2026

• Aggressive traders: Consider buying a breakout above $192.00 with a stop at $188.00 and a target of $195.00.

• Conservative traders: Wait for a retest of support at $184.33; buy in the $184.50–$185.50 range with a stop at $181.00 and a target of $191.00.

• Risk management: Limit risk to 1% of capital per trade and use recent ATR for stop sizing.

Summary Table

Conclusion

NVIDIA (NVDA) is consolidating ahead of a major earnings event, with technicals suggesting a neutral stance but with the potential for a breakout. News flow is mixed but leans positive, especially with China’s regulatory reversal and strong institutional support. Traders should watch for a decisive move outside the $184–$191 range for directional clues. 🧑‍💻💡

This analysis is for informational purposes only and does not constitute investment advice. Please consult a licensed financial advisor before making investment decisions.