Nvidia's most recent trend suggests a bearish bias. One trading opportunity on Nvidia is a Bear Call Spread using a strike $167.50 short call and a strike $172.50 long call offers a potential 44.93% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $167.50 by expiration. The full premium credit of $1.55 would be kept by the premium seller. The risk of $3.45 would be incurred if the stock rose above the $172.50 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 65.67 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nvidia
AMD Returns to High-End Gaming Graphics Card Space
Mon, 31 Jul 2017 09:29:00 +0000
AMD joins rival Nvidia in the premium gaming segment.
AMD Radeon Vega Gets Company Back Into High-Value GPU Markets And Does It With A Single Chip
Mon, 31 Jul 2017 02:30:00 +0000
AMD has been executing well with Ryzen and Epyc. When do AMD graphics make their big moves into the premium space? Today, as AMD’s RTG officially announced availability for all Vega-based GPUs for premium gaming and workstations and deep learning.
Computing shifts may rearrange pecking order for Intel, Qualcomm, AMD, Nvidia, chipmakers
Sun, 30 Jul 2017 22:00:03 +0000
The semiconductor deck is being reshuffled amid new workloads for artificial intelligence, big data and the cloud. Many tech giants will get in on the act.
Avoid Nvidia Corporation (NVDA) Stock Despite Strong Business Momentum
Sun, 30 Jul 2017 18:01:12 +0000
Nvidia Corporation (NASDAQ:NVDA) is perhaps one of the greatest companies in the stock market. Now focusing on datacenter, machine learning, self-driving cars and other high-growth industries, NVDA stock is set up in front of long-term tailwinds. Gross margins of 59.4% were higher by 190 basis points year-over-year (YoY).
Chip stocks are cool again, but reality is here
Sun, 30 Jul 2017 16:11:48 +0000
Chip stocks have been a volatile bunch for years, and a recent spike for many semiconductor companies could turn around yet again this earnings season as investors see that the expected gains could take …
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