NVIDIA's stock price has fallen for four consecutive days, losing critical technical levels, with analysts warning of short-term momentum weakening risks.

Jin10 Data reported on September 3rd that Nvidia (NVDA.O) fell as much as 4% to $167.22 during trading on Tuesday, marking its fourth consecutive day of decline and dropping below the 50-day MA of $171.02. This widely watched technical level has been breached, seen as a negative signal of weakening short-term momentum. Buff Dormeier, chief technical analyst at Kingsview Partners, stated, "This shows that the rising momentum has collapsed, which makes me concerned about the stock's short-term performance." He considers the 50-day MA as a key reference indicator. Dormeier believes that $160 is the next support level, followed by $145—this level was an important threshold before breaking in June. He added, "If the stock price falls below $145, I will be very worried about its prospects." The chip manufacturing giant's stock price has fallen in line with the broader market, amid ongoing geopolitical concerns and overvaluation pressures. Despite Nvidia's cumulative decline exceeding 7% over four consecutive trading days, resulting in a loss of over $340 billion in market capitalization, the stock's overall trend remains upward.