AMD's most recent trend suggests a bearish bias. One trading opportunity on AMD is a Bear Call Spread using a strike $28.00 short call and a strike $33.00 long call offers a potential 34.05% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $28.00 by expiration. The full premium credit of $1.27 would be kept by the premium seller. The risk of $3.73 would be incurred if the stock rose above the $33.00 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 24.58 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
When Should You Buy Intel Stock?
Mon, 15 Oct 2018 19:13:51 +0000
Through the first three quarters of 2018, Intel stock was up just 2.5%. What do we make of that relative strength and should investors consider Intel stock a buy as a result? Intel has always attracted many investors due to its low valuation and its dividend.
Should You Buy Micron Stock on the Dip?
Mon, 15 Oct 2018 12:35:32 +0000
Micron Technology (NASDAQ:MU), which provides semiconductor systems, has had a difficult time since June. While high volatility in the broader technology market is likely to continue for several more weeks, there are two mildly bearish plays in MU stock that I want to share with you, as each play could lead to impressive profits.
Today's Research Reports on Trending Tickers: Advanced Micro Devices and NVIDIA
Mon, 15 Oct 2018 12:00:00 +0000
NEW YORK, NY / ACCESSWIRE / October 15, 2018 / U.S. markets bounced on Friday, erasing some of the losses for the week, as the third quarter earnings season kicked off. The Dow Jones Industrial Average …
What Factors Could Influence Intel’s Revenues in Q3 2018?
Mon, 15 Oct 2018 11:32:15 +0000
Intel (INTC) has been transitioning its business from a PC-centric company to a data-centric company. The contribution of the data-centric business toward the company’s revenues rose from 33.0% five years ago to its current level of 50.0%. Each of Intel’s data-centric businesses has been growing at a double-digit rate on a YoY (year-over-year) basis.
3 Big Stock Charts for Monday: Wells Fargo, L Brands and Charles Schwab
Mon, 15 Oct 2018 10:43:40 +0000
The market fought back on Friday, with the S&P 500 gaining 1.42% on the last trading day of the week. Advanced Micro Devices (NASDAQ:AMD) and Microsoft (NASDAQ:MSFT) led the charge, up 4.1% and 3.5%, respectively. Traders were flocking back into their favorite tech names, many of which were hit exceedingly hard on Wednesday and Thursday. But that wasn't anywhere near enough strength to undo the damage done earlier in the week. For the five-day stretch, the S&P 500 lost more than 4% of its value.
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