Nvidia's most recent trend suggests a bullish bias. One trading opportunity on Nvidia is a Bull Put Spread using a strike $260.00 short put and a strike $250.00 long put offers a potential 39.28% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $260.00 by expiration. The full premium credit of $2.82 would be kept by the premium seller. The risk of $7.18 would be incurred if the stock dropped below the $250.00 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 76.48 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nvidia
Micron Technology Shares Under Pressure Ahead Of Earnings Report
Mon, 18 Jun 2018 20:17:28 +0000
Memory-chip maker Micron Technology has seen its stock pull back from its recent 18-year high as the company prepares to report fiscal third-quarter results after the market close on Wednesday.
NVIDIA to Rise on AI for Monitoring Citizens: UBS
Mon, 18 Jun 2018 18:02:00 +0000
As governments around the world follow China, leveraging artificial intelligence (AI) technology for massive surveillance infrastructure and real-time facial recognition, chipmaker NVIDIA Corp. ( NVDA) is set to gain on an additional $5 billion sales opportunity by 2020, according to one team of bulls on the Street.
Top 3 Shareholders of AMD
Mon, 18 Jun 2018 17:57:00 +0000
AMD, founded in 1969, develops computer processors and related technologies for business and consumer markets. The company trails behind rival Intel Corp. ( INTC) in the market for x-86-based microprocessors, and competes against Nvidia Corp.
Why Micron (MU) Stock Is a Strong Buy Ahead of Earnings
Mon, 18 Jun 2018 17:43:05 +0000
Shares of Wall Street superstar Micron (MU) opened slightly lower on Monday, just two days before the company is set to release its third-quarter fiscal 2018 financial results. So let's take a look to see why the semiconductor giant looks like a strong buy stock that investors might want to consider scooping up before Micron reports on Wednesday afternoon.
Intel shares fall after small Wall Street firm downgrades chipmaker, predicting slower growth
Mon, 18 Jun 2018 14:59:00 +0000
Northland Capital Markets lowers its rating to underperform from market perform for Intel shares, citing rising competition from AMD and Nvidia. The firm predicts Intel's sales growth in its data center segment will drop to 20 percent in its third quarter and fall to 11 percent in its fourth quarter. Intel's INTC sales growth in the data center market will slow this year, according to a small Wall Street firm.
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