NVIDIA Corporation (NVDA) advanced in its latest intraday trading, challenging the current resistance level at $171.95. The stock remains under the influence of a medium-term upward trend, trading along a short-term ascending trendline, with continued positive momentum from staying above the 50-day SMA. This latest rise followed a successful relief of previous overbought RSI conditions, giving the stock more room to extend its gains.

Therefore we expect the stock to rise in upcoming sessions, especially if it breaks above the $171.95 resistance level, targeting the next resistance at $193.75.

Todays price forecast: Bullish.