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NU Stock Drifts Lower As Momentum Traders Watch Support

ELLIS HOBBS•UPDATED SEP. 23, 2026, 4:47 PM ET
Reviewed by Matt Monacoand Fact-checked by Bryce Tuohey

Nu Holdings Ltd. stocks have been trading down by -3.6 percent amid heightened concerns over regulatory pressures and profitability.

Key Takeaways

  • NU has slipped from early-month highs near $15.80 to around $13.60, signaling a cooling trend after a strong run.
  • Recent daily candles show lower highs and some support near $13.50–$13.60, a key zone for short-term NU traders.
  • Intraday NU trading stayed tight, with a narrow range around $13.60–$13.90, hinting at consolidation instead of panic selling.
  • Nu Holdings Ltd. is growing revenue fast but still runs negative returns, making NU more of a growth and momentum story than a value play.
  • NU’s rich price-to-sales and price-to-book ratios mean traders must respect both the upside and the downside when momentum returns.

Candlestick Chart

Live Update At 16:47:08 EDT: On Wednesday, September 23, 2026 Nu Holdings Ltd. stock [NYSE: NU] is trending down by -3.6%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

Quick Financial Overview

Nu Holdings Ltd., the parent of NU, sits in that classic high-growth, still-polishing-profitability bucket. Revenue sits near $10.16B over the last year, a big number for a digital bank, but NU is not yet a clean profit machine. The pretax margin sits at about -5.6%, and returns on assets and equity are both negative. That tells traders NU is still spending heavily to scale.

On the flip side, NU commands premium multiples. The price-to-sales ratio is about 6.7, and price-to-book is roughly 6.1. For a bank-style business, those are lofty levels, signaling traders are paying up for future growth, not current earnings.

More Breaking News

The balance sheet helps the bull case. Nu Holdings Ltd. holds about $16.1B in cash against total assets of roughly $74.9B and equity over $11.2B. A leverage ratio near 6.6 is high but not unusual in financial services. For NU, the story is clear: rapid top-line expansion, still-thin profitability, and a valuation that demands continued execution.

Why Traders Are Watching NU’s Consolidation

NU has quietly shifted from a strong uptrend into a slow grind lower. Earlier in the month, NU pushed into the mid-$15s, topping around $15.80 on the daily chart. Since then, the stock has made a series of lower highs, finishing most recently near $13.62. For short-term NU traders, that’s a textbook loss of momentum.

Look at the daily candles: from $15.68 down to the low $15s, then $14s, and now low $13s. NU hasn’t crashed, but the stair-step fade is obvious. Each bounce is getting sold sooner. That tells experienced NU traders that big money is taking some profits off the table, not aggressively chasing new highs.

Zoom into the intraday five-minute chart and the message is different but important. NU opened near $14.07 and initially tried to push through $14.20+. Sellers capped that move, and the stock drifted lower through the day toward the $13.60s. What stands out is the tight range into the close: NU held between roughly $13.60 and $13.70 for a long stretch, with no violent flush.

For active day traders, NU is now a consolidation play. Nu Holdings Ltd. is coiling just under short-term resistance around $14 and above support in the mid-$13s. A clean break of either side, with volume, can offer a clear trade thesis — either a bounce back toward the $14.50–$15 zone or a breakdown toward prior support around $13.50 and below. Until then, NU rewards patience and strict risk management more than blind chasing.

Conclusion

For swing and day traders, NU is at one of those decision points that matter. Nu Holdings Ltd. shows strong revenue growth, plenty of cash, and a balance sheet that supports expansion. At the same time, NU carries negative returns and a rich valuation, which means the stock tends to trade more on momentum and sentiment than on classic value metrics.

The recent price action reflects that tension. NU has eased off from the $15s and is now sitting in the low $13s, riding a controlled downtrend rather than a panic dump. Intraday, Nu Holdings Ltd. has been stuck in narrow bands, showing steady hands on both sides. When a stock like NU compresses after a big run, the next move often comes fast once a key level breaks.

For newer traders, this is where discipline matters. NU is not cheap on traditional measures, so any fresh push higher will likely be fueled by renewed growth optimism and technical breakouts. As millionaire penny stock trader and teacher Tim Sykes says, “Small gains add up over time; focus on building wealth gradually, not chasing jackpots.” If NU loses the $13.50–$13.60 area, short setups can come into play, but only with tight stops.

Tim Sykes loves to remind traders, “Cut losses quickly, don’t fall in love with any stock.” NU is a great example. Nu Holdings Ltd. offers serious opportunity for those who respect the chart, understand the financial risk, and treat every trade as a planned trade, not a hope trade.

This is stock news, not investment advice. Timothy Sykes News delivers real-time stock market news focused on key catalysts driving short-term price movements. Our content is tailored for active traders and investors seeking to capitalize on rapid price fluctuations, particularly in volatile sectors like penny stocks. Readers come to us for detailed coverage on earnings reports, mergers, FDA approvals, new contracts, and unusual trading volumes that can trigger significant short-term price action. Some users utilize our news to explain sudden stock movements, while others rely on it for diligent research into potential investment opportunities.

Dive deeper into the world of trading with Timothy Sykes, renowned for his expertise in penny stocks. Explore his top picks and discover the strategies that have propelled him to success with these articles:

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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”