4 min readNvidia reports Q4 FY2026 earnings today at 10 PM UTC, and the timing could not be more interesting from a technical perspective. The stock is sitting right at a key resistance level, making tonight’s report a potential catalyst for the next big move. Here’s what the charts are telling us.
Daily chart analysis
Nvidia has been trading in a clearly defined range since last summer, with a false breakout in late October. Price is now back inside the range, testing the highs ahead of tonight’s earnings.
Key levels to watch:
- Range highs (~$195): Price is sitting just below this resistance. A break above could send Nvidia back towards the $205 area.
- Range equilibrium (~$183): The midpoint of the range, which could act as intermediate support if the range highs fail to break.
- Range lows (~$172): The lower boundary of the range and a level that has held since last summer.
- Daily 200 SMA (~$174): Trending up and historically acting as strong support. The fact that it is catching up with price suggests Nvidia’s strong bull run momentum is shifting into consolidation. Whether this is distribution or reaccumulation, only time will tell.
4-hour chart analysis
Zooming into the 4-hour timeframe, the recent structure has been encouraging. The latest higher low formed around $182, landing right between the 50% and 61.8% Fibonacci retracement levels of the most recent impulse move.
Price is now pushing up into the 0% Fibonacci level, which aligns with the daily range high resistance around $194-$195.
Looking above, the Fibonacci extension levels (-0.382 to -0.618) line up with the higher timeframe resistance zone and the previous all-time high area around $202-$207. That is a lot of technical confluence in one region, making it a potential target if bulls manage to break out.
Two scenarios to watch post-earnings:
- Bullish: A strong earnings report could push price through the range highs and up into the $202-$207 extension zone, where the all-time high resistance sits.
- Bearish: A disappointing report could send price back towards the $182 area, which lines up with both the recent higher low and the higher timeframe range equilibrium.
Trade Now
Trading involves risk.
Author
Risk DisclaimerThe content provided here is for informational purposes only. It is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results.
The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money.
The Company does not accept clients from the Restricted Jurisdictions as indicated in our website/ T&C. Some services or products may not be available in your jurisdiction.
The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.
