Story
AXT and NVIDIA Flash Bullish Technical Signals, Analysis Finds
Summary
An analysis by Investing.com highlights strong technical buy signals for semiconductor stocks AXT Inc. and NVIDIA Corp. AXT shows higher momentum and volatility, while NVIDIA presents a more stable and liquid trend.
AXT Inc. (NASDAQ: AXTI) and NVIDIA Corp. (NASDAQ: NVDA) are exhibiting strong bullish characteristics based on technical analysis, with both chipmakers showing 'Strong Buy' signals across daily and weekly timeframes, according to a report published by Investing.com on September 25.
Bullish Setups Emerge
The positive outlook for both semiconductor firms is rooted in several key technical indicators. The analysis noted that share prices for both AXT and NVIDIA are trading above their respective 50-day and 200-day moving averages, a common sign of a healthy uptrend. Furthermore, both stocks display positive daily and weekly Moving Average Convergence Divergence (MACD) readings, suggesting upward momentum.
AXT: The High-Momentum Play
AXT, a materials science company, was identified as having the stronger setup with more 'torque.' The stock was trading at $78.99, a gain of 4.07% on the day, and holds a quantitative momentum score of 3.9, according to the report.
Ad- Key support for AXT was identified near $70.77, with resistance at $79.87.
- However, the analysis also pointed to potential risks, noting that its StochRSI indicator is in 'overbought' territory. The stock's significant 1,562.74% gain over the past year underscores its high volatility.
NVIDIA: A Steadier Trend
In contrast, graphics and AI chip giant NVIDIA was described as a 'cleaner, more liquid trend.' While its momentum score of 3.7 was slightly below AXT's, its technical posture was confirmed by constructive daily and weekly stochastics indicators, the report said.
NVIDIA's stock was trading near $224.35, largely flat for the session. The analysis positions NVIDIA as a steadier performer with less extreme technical conditions compared to AXT, with daily support near $222.14 and resistance at $225.99.
Read next
More on Stocks
SK Hynix Unit Solidigm Reportedly Eyes IPO at Potential $150 Billion Valuation
The U.S.-based memory chip subsidiary of SK Hynix is exploring a public listing that could raise $15 billion and become one of the largest semiconductor IPOs in U.S. history, according to a media report.
AMD Joins Trillion-Dollar Club as AI Bets Fuel Weekly Stock Moves
Advanced Micro Devices crossed a $1 trillion market capitalization this week, while Meta and Moderna also saw significant gains. Oracle shares declined following a report on potential delays at a key data center project.
Investors Eye Dallas Fed Index, Treasury Auctions to Start Week
Market participants will monitor regional manufacturing data from the Dallas Federal Reserve and the results of two Treasury bill auctions on Monday. Remarks from Richmond Fed President Thomas Barkin are also scheduled, offering potential insights into monetary policy.
Revvity Sees Large Bullish Options Bet Targeting $170 Strike for 2026
Unusual options activity in Revvity (RVTY) was observed with a call-to-put ratio of nearly 156-to-1, driven by a single large trade on out-of-the-money calls expiring in November 2026.