Welcome to this week’s in-depth analysis of NVIDIA (NASDAQ: NVDA) for Week 2, January 2026! This comprehensive review covers the latest technical chart insights, fundamental news, and actionable trading scenarios for the upcoming week. Let’s dive in! 🚀

📊 Technical Chart Overview

• Current Trend: Neutral — Price is oscillating near key moving averages with no clear trend direction.

• Support Levels: 181.11 (major), 184.86 (minor)

• Resistance Levels: 187.60 (major), 187.23 (minor)

• Momentum: RSI at 49.70 (neutral, slightly below midpoint)

• Pattern: Consolidation within a narrow range

• Volume: Stable, with a slight decline on the last rally attempt

• MACD: No strong momentum signal; price hovers around 9-day and 10-day EMAs

📰 Latest News & Catalysts (Past 7 Days)

1. Record Q3 Fiscal 2026 Earnings: NVIDIA reported record revenue of $57.0 billion for Q3, up 62% YoY and 22% sequentially. Data Center revenue reached $51.2 billion, with a gross margin of 73.4%. [Source]

2. Strong Forward Guidance & Product Demand: CEO Jensen Huang highlighted exceptional demand for Blackwell chips, with cloud GPUs sold out and new opportunities in China. Q4 revenue guidance is around $65 billion. [Source]

3. Analyst Upgrades & AI Leadership: Top analysts recommend buying NVDA, citing strong upside for 2026, rapid ramp of Blackwell Ultra, and new product launches. [Source]

🔍 Technical Analysis

• Support/Resistance: NVDA is consolidating between 181.11 and 187.60. A breakout above 187.60 could trigger bullish momentum, while a breakdown below 181.11 could turn the outlook bearish.

• Pattern: Sideways consolidation, reflecting indecision among traders as the stock digests recent gains and news.

• MACD & Volume: MACD is flat, confirming the lack of momentum. Volume is steady but slightly lower on recent rallies, indicating a wait-and-see attitude.

• Risk Management: Traders should risk no more than 1% of capital per trade and use ATR(14) for stop sizing.

📈 Fundamental & News Impact

NVIDIA’s fundamentals remain robust, driven by record-breaking earnings, strong demand for AI chips, and continued innovation. The company’s ability to return capital to shareholders and secure new business in China further strengthens its outlook. However, the current technical setup suggests the market is pausing to digest these gains, with traders awaiting a catalyst for the next move.

🗺️ Possible Scenarios for the Upcoming Week

⚖️ Summary & Outlook

NVIDIA enters Week 2 of January 2026 with a fundamentally strong backdrop but a technically neutral setup. The stock is consolidating after a period of strong gains, with traders watching for a decisive move. The most probable scenario is continued range-bound action unless a major news catalyst emerges. Watch for a breakout above 187.60 or a breakdown below 181.11 for directional cues. 📅

Key Takeaways

• Strong earnings and product demand support the long-term bull case.

• Short-term technicals suggest patience — wait for a breakout or breakdown before committing to a directional trade.

• Risk management is crucial given the current consolidation.

Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Trading involves risk; please conduct your own research or consult a financial advisor before making decisions.