AMD's most recent trend suggests a bearish bias. One trading opportunity on AMD is a Bear Call Spread using a strike $52.50 short call and a strike $57.50 long call offers a potential 35.5% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $52.50 by expiration. The full premium credit of $1.31 would be kept by the premium seller. The risk of $3.69 would be incurred if the stock rose above the $57.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for AMD is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for AMD is bearish.
The RSI indicator is at 37.03 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for AMD
Zacks Earnings Trends Highlights: Starbucks, Boeing, Alphabet, Advanced Micro Devices and Procter & Gamble
Thu, 07 May 2020 13:48:01 +0000
Zacks Earnings Trends Highlights: Starbucks, Boeing, Alphabet, Advanced Micro Devices and Procter & Gamble
AMD Delivers Ultimate Performance and Work Anywhere Flexibility with AMD Ryzen PRO 4000 Series Mobile Processors
Thu, 07 May 2020 13:00:10 +0000
SANTA CLARA, Calif., May 07, 2020 — Today, AMD (NASDAQ: AMD) announced global availability of the world’s first x86 7nm commercial notebook processors, the AMD Ryzen PRO 4000.
Buy Nvidia Stock Ahead of Q1 Earnings on Big-Tech's Coronavirus Immunity?
Wed, 06 May 2020 23:35:11 +0000
Nvidia's outlook remains strong despite the ongoing coronavirus economic downturn. So should investors consider buying NVDA stock?
Making Sense of the Pandemic Earnings Picture
Wed, 06 May 2020 22:12:10 +0000
Making Sense of the Pandemic Earnings Picture
These 10 S&P 500 companies increased sales faster than Amazon in a coronavirus-tainted quarter
Wed, 06 May 2020 13:18:00 +0000
DEEP DIVE We’re right in the thick of first-quarter earnings season, and while it is looking bad as consumers and companies suffer from the coronavirus shutdown, there are still companies that are growing rapidly.
Related Posts
Also on Market Tamer…
Follow Us on Facebook