The US stock market is fluctuating: Nvidia (NVDA.US) has surged more than 80% in less than four months, analysts warn of "overbought" risks.

date
19/07/2025
According to the Wise Finance APP, on Friday, Nvidia (NVDA.US) opened high and then fell by nearly 1%, closing at $171.98. On the news front, on Thursday, Nvidia's 14-day Relative Strength Index (RSI) broke through 80, reaching its highest level since June 2024 at that time, Nvidia's stock price fell by over 20% in the following six weeks. With Trump easing trade policies and investors remaining optimistic about the prospects of AI, Nvidia has surged by 83% in less than four months. Jonathan Krinsky, Chief Market Technician Analyst at BTIG, said, "we are indeed in an overbought state now. Although this does not mean the stock price is about to reverse, it is a warning signal that needs to be cautious. Earlier market sentiment was already leaning towards being optimistic, and it is now almost at the edge of fanaticism."