Nvidia's most recent trend suggests a bearish bias. One trading opportunity on Nvidia is a Bear Call Spread using a strike $235.00 short call and a strike $245.00 long call offers a potential 129.89% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $235.00 by expiration. The full premium credit of $5.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock rose above the $245.00 long call strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Nvidia is bullish and the probability of a rise 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 Nvidia is bearish.
The RSI indicator is at 38.4 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nvidia
5 Amazing New Products NVIDIA Introduced at 2018 GTC
Thu, 05 Apr 2018 01:00:00 +0000
The AI player unveiled new initiatives related to medical imaging, driverless cars, the Internet of Things (IoT), and more.
Rumor Has It: NVIDIA Turing Graphics Processors Coming in Late Q3
Wed, 04 Apr 2018 22:06:00 +0000
A reputable source has some information about NVIDIA's next graphics architecture.
Nvidia: This Bitmain Thing Has Morgan Stanley Worried
Wed, 04 Apr 2018 21:40:00 +0000
The news yesterday that startup Bitmain Technologies has unveiled a custom chip for “mining” cryptocurrencies continues to worry some analysts covering chip giant Nvidia (NVDA). As mentioned yesterday, Mitch Steves of RBC Capital warned that Bitmain’s “Antminer E3” chip could lure away buyers of Nvidia’s “G PU” chips, which have for quite some time now been among the main chips used for mining currencies. Evercore ISI’s C.J. Muse called such worries overdone this morning , but Morgan Stanley’s Joseph Moore is somewhat concerned.
Nvidia Could Be the Leader in the Autonomous Driving Movement
Wed, 04 Apr 2018 21:18:00 +0000
Autonomous driving has to have a winner, right? The industry will produce multiple winners and Nvidia will be one of them.
Bitcoin Today: Risky Crypto Assets Take a Beating Amid Trade-War Fears
Wed, 04 Apr 2018 21:04:00 +0000
While all eyes were on Wall Street, this is what you need to know Wednesday about bitcoin.
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