Nvidia's most recent trend suggests a bullish bias. One trading opportunity on Nvidia is a Bull Put Spread using a strike $90.00 short put and a strike $80.00 long put offers a potential 14.55% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $90.00 by expiration. The full premium credit of $1.27 would be kept by the premium seller. The risk of $8.73 would be incurred if the stock dropped below the $80.00 long put 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 up which suggests that the medium-term momentum for Nvidia is bullish.
The RSI indicator is at 30.2 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nvidia
The Hot Stock: Nvidia Climbs 3.9%
Mon, 17 Apr 2017 21:17:00 +0000
The shares rose $3.74, or 3.9% to $99.23, compared to the S&P 500's gain of 20.06 points, or 0.86%, to 2349.01. Nvidia, along with Advanced Micro Devices (AMD), was helped by a bullish note from boutique research firm MScience, which said that sales in North America are “very strong” for both companies' GPU platforms. Just last week AMD was the biggest loser in the S&P 500, although not on specifically on GPU sales worries.
Chip Stocks At 'Peak Valuations'; Nvidia Has Most Downside, Analyst Says
Mon, 17 Apr 2017 20:15:46 +0000
Semiconductor stocks are "in the band of peak valuations," making attractive stocks in the chip sector hard to find, BMO says.
Google Makes Big Land Grab In Reno, Very Close To Tesla's Gigafactory
Mon, 17 Apr 2017 16:41:00 +0000
Are Google and Tesla cooking up something in Reno, Nevada?
Report: NVIDIA Prepping New Volta Architecture Gaming Cards for Q3 Launch
Mon, 17 Apr 2017 16:30:00 +0000
To combat a reportedly weak demand environment, this graphics specialist is reportedly accelerating the introduction of next-generation technologies.
AMD, NVDA: MScience Finds Particular North America GPU Sales Strength
Mon, 17 Apr 2017 15:31:00 +0000
Shares of Advanced Micro Devices (AMD) and Nvidia (NVDA) are higher this morning following some positive comments from boutique research firm MScience regarding sales of their respective GPU platforms, whose data may in part refute recent reports of GPU weakness for Nvidia in particular. Sales in North America are “very strong,” for both AMD and Nvidia, says MScience analyst Mark Bachman in an interview by telephone today. Asked about the rumors of GPU weakness, Bachman said, “we are not seeing that weakness in GPU pricing,” he tells me, “in fact, Nvidia ASPs have been very stable,” noting that they have fully recovered from any discounting that happened back in November around the Black Friday holiday shopping period.
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