Nvidia's most recent trend suggests a bearish bias. One trading opportunity on Nvidia is a Bear Call Spread using a strike $99.50 short call and a strike $105.00 long call offers a potential 33.5% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $99.50 by expiration. The full premium credit of $1.38 would be kept by the premium seller. The risk of $4.12 would be incurred if the stock rose above the $105.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Nvidia 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 Nvidia is bearish.
The RSI indicator is at 33.68 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nvidia
Nvidia pushes for artificial intelligence in more than just self-driving cars
Wed, 08 Mar 2017 10:37:41 GMT
MarketWatch – Nvidia Corp. announced renewed efforts to put artificial intelligence into a range of products beyond self-driving cars Tuesday, with an updated embedded system aimed at robots, drones and more.
NVIDIA Jetson TX2 Enables AI at the Edge
Wed, 08 Mar 2017 02:00:00 GMT
Marketwired – NVIDIA today unveiled the NVIDIA® Jetson™ TX2, a credit card-sized platform that delivers AI computing at the edge — opening the door to powerfully intelligent factory robots, commercial drones and smart …
Buy NVIDIA Amid the Uncertainty
Tue, 07 Mar 2017 20:54:00 GMT
Do Analyst Comments Matter for NVIDIA Anymore?
Tue, 07 Mar 2017 18:44:00 GMT
Investopedia – NVDA continues its daily dance routine of analyst commentaries. Today is BMO Capital's turn.
Intel’s Business Transformation Continues in 2017
Tue, 07 Mar 2017 18:19:42 GMT
Market Realist – After posting record revenue in fiscal 2016, Intel (INTC) stock rose to a 52-week high of $38.45 on January 27, 2017. Then it took a downward path.
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