Nvidia's most recent trend suggests a bearish bias. One trading opportunity on Nvidia is a Bear Call Spread using a strike $255.00 short call and a strike $265.00 long call offers a potential 62.6% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $255.00 by expiration. The full premium credit of $3.85 would be kept by the premium seller. The risk of $6.15 would be incurred if the stock rose above the $265.00 long call 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 down which suggests that the medium-term momentum for Nvidia is bearish.
The RSI indicator is at 58.02 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nvidia
It Looks Like AMD Stock Has Reached Its Peak
Tue, 24 Jul 2018 03:57:00 +0000
After an underwhelming 2017, chipmaker Advanced Micro Devices (NASDAQ:AMD) has turned in one of the hottest performances thus far in 2018. Year to date, AMD stock is up nearly 60%, with most of that gain coming in the past three months. What has been the big driver of AMD stock’s 60% year-to-date rally?
Google Makes New Highs After Posting Strong Earnings: 8 Key Takeaways
Tue, 24 Jul 2018 00:50:00 +0000
Excluding the impact of a recently-imposed $5.07 billion EU fine (Google is appealing), as well as an $824 million boost related to accounting changes for equity investments, EPS was $10.58, above a $9.64 consensus. A quarter after rising 59% annually, paid ad clicks on Google's own sites and apps rose 58%. As usual, Google declared mobile search to be the biggest driver for ad revenue growth on its own properties, and that YouTube was also an important contributor.
Stocks – Micron Sinks Midday; Google Up Ahead of Earnings
Mon, 23 Jul 2018 18:55:00 +0000
Investing.com – Chip stocks struggled Monday in a week that will see some big names in the sector report earnings.
What's in Store for Chip ETFs in Q2 Earnings?
Mon, 23 Jul 2018 14:35:02 +0000
With most of the companies in the space likely to beat on earnings and witnessing positive estimate revisions, semiconductor ETFs are poised to surge higher in the weeks ahead.
The Impact of a US–China Trade War on Intel
Mon, 23 Jul 2018 13:01:31 +0000
What Should Investors Expect from Intel’s Q2 2018 Earnings? Intel (INTC) is partnering with Chinese (MCHI) companies to tap the fast-growing markets of AI and 5G. Intel faces strong competition from NVIDIA (NVDA) and Qualcomm (QCOM) in these markets. NVIDIA’s GPUs (graphics processing units) are widely adopted by cloud companies for AI workloads. Qualcomm is leading the 5G space with several design wins for its 5G modems.
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