Nvidia's most recent trend suggests a bearish bias. One trading opportunity on Nvidia is a Bear Call Spread using a strike $277.50 short call and a strike $282.50 long call offers a potential 45.35% 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 $277.50 by expiration. The full premium credit of $1.56 would be kept by the premium seller. The risk of $3.44 would be incurred if the stock rose above the $282.50 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 74.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nvidia
Renesas in $6.7 billion deal for IDT to boost chips for self-driving cars
Tue, 11 Sep 2018 05:56:47 +0000
Japan's Renesas Electronics Corp <6723.T> said it had agreed to buy Integrated Device Technology Inc (IDT) (IDTI.O) for $6.7 billion, its second major acquisition as it deepens its push into semiconductors for self-driving cars. Renesas is second only to NXP Semiconductors NV (NXPI.O) in auto-related chips and commands 30 percent of the global market for microcontrollers used in cars. In particular, Renesas has been keen to get its hands on IDT's know-how in analog semiconductors for wireless networks and sensors – expertise crucial to develop autonomous driving and connected car technology.
Japan's Renesas says it will buy U.S. chipmaker IDT for $6.7 bln
Tue, 11 Sep 2018 01:19:29 +0000
Japanese chipmaker Renesas Electronics Corp said on Tuesday it had agreed to buy U.S. peer Integrated Device Technology Inc for about $6.7 billion, as it aims to compete with Nvidia and Intel Corp in self-driving car technologies. Renesas will pay $49.00 per share in cash for all IDT outstanding shares, compared with Monday's close at $42.08, and expects the deal to close in the first half of 2019.
The Run in Qualcomm Stock Looks to Be at an End
Mon, 10 Sep 2018 21:58:06 +0000
It’s been an interesting year for Qualcomm (NASDAQ:QCOM), to say the least. A takeover by Qualcomm failed, and so did a takeover of Qualcomm stock. With M&A uncertainty ended, however, QCOM stock has rallied nicely, climbing 44% from April lows.
NVIDIA and Arrow Electronics Bring New Jetson Xavier AI Computer to World’s Largest Industrial Markets
Mon, 10 Sep 2018 20:15:00 +0000
NVIDIA and Arrow Electronics, Inc. today announced they are bringing NVIDIA® Jetson™ Xavier™, a first-of-its-kind computer designed for AI, robotics and edge computing, to companies worldwide to create next-generation autonomous machines. “We are entering a new era of intelligent machines that will supercharge industries from manufacturing to healthcare,” said Deepu Talla, vice president and general manager of Autonomous Machines at NVIDIA.
5 Stocks That Could Be the Next Amazon
Mon, 10 Sep 2018 19:00:56 +0000
Amazon.com, Inc. (NASDAQ:AMZN) has been one of the more impressive stocks of the past 25 years. In fact, AMZN now has returned well over 100,000% from its initial public offering (IPO) price of $18 ($1.50 adjusted for the company's subsequent stock splits).
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