Nvidia Corp: Stock Triggers Technical “Sell” Signal

Nvidia Corporation: Stock Triggers Technical "Sell" Signal

Nvidia Corp (NVDA)

(About StockTargetAdvisor.com (STA Research): Is a Canadian investment research company, consisting of Financial Professionals specializing in advanced stock research and analysis).


SELL Signal Identified

On June 20, 2025 during Nividia’s trading session a  SELL signal for Nividia’s stock was identified by Stock Target Advisor.  


SELL Signal Summary:

Stock: NVIDIA Corp (NVDA)

Sell Price: $143.85

Signal Basis: Confirmed Bearish Harami

RSI: 46-Neutral

Technical Indicator- Strong Sell


Technical Pattern: Bearish Harami

A Bearish Harami is a candlestick reversal pattern typically seen at the end of a rally, indicating potential trend exhaustion or a shift to bearish sentiment. Here’s the anatomy:

Day 1: Large white/green candlestick (bullish) – strong upward close.

Day 2: Small black/red candlestick (bearish) – entirely contained within Day 1’s body.

Interpretation:

Suggests waning buying pressure and potential momentum reversal.

It is not confirmed until the price closes below the confirmation level, which happened here (confirmation level: $144.02, close: $143.85).


Market Outlook & Sentiment:

The Sell signal is supported by:

Confirmation of the pattern:Friday’s close broke below the confirmation level, validating the signal.

Loss of market momentum: NVDA appears to be struggling to sustain recent gains.

Trader sentiment shift: Increased alignment with bearish positions among technical traders.

We may be at a market top or the beginning of a correction. This is an important red flag for current long positions.


Strategic Takeaway:

For current stock holders: The signal recommends closing long positions to protect gains or limit downside.

For traders: Look for opportunities to short or rotate into stronger bullish setups elsewhere.

Risk note: If broader markets correct or tech sentiment sours, NVDA may be vulnerable to deeper pullbacks.


Impact & Outlook

Technical signals like Bearish Harami are short-term indicators and work best when combined with volume, RSI, MACD, and broader market trends.

Nvidia remains a high-beta stock, so volatility is expected. Traders should set stop-losses accordingly. Analysts have a consensus “Strong Buy” rating on the stock, with a 12 month target forecast of $172 per share.

Ad