Nvidia's most recent trend suggests a bearish bias. One trading opportunity on Nvidia is a Bear Call Spread using a strike $197.50 short call and a strike $202.50 long call offers a potential 78.57% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $197.50 by expiration. The full premium credit of $2.20 would be kept by the premium seller. The risk of $2.80 would be incurred if the stock rose above the $202.50 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 74.8 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nvidia
Chipmaker Nvidia's CEO sees fully autonomous cars within four years
Thu, 26 Oct 2017 10:01:39 +0000
Nvidia Corp chief executive Jensen Huang said on Thursday artificial intelligence would enable fully automated cars within 4 years, but sought to tamp down expectations for a surge in demand for its chips from cryptocurrency miners. Nvidia came to prominence in the gaming industry for designing graphics-processing chips, but in recent years has been expanding into newer technologies including high-performance computing, artificial intelligence, and self-driving cars. Its expansion has been richly rewarded with a 170 percent stock surge over the past year, boosting its market value to $116 billion.
Chipmaker Nvidia's CEO sees fully autonomous cars within 4 years
Thu, 26 Oct 2017 10:00:23 +0000
Nvidia Corp chief executive Jensen Huang said on Thursday artificial intelligence would enable fully automated cars within 4 years, but sought to tamp down expectations for a surge in demand for its chips from cryptocurrency miners. Nvidia came to prominence in the gaming industry for designing graphics-processing chips, but in recent years has been expanding into newer technologies including high-performance computing, artificial intelligence, and self-driving cars. Its expansion has been richly rewarded with a 170 percent stock surge over the past year, boosting its market value to $116 billion.
Can We Expect Nvidia Corporation Stock to Plunge After Earnings Like AMD?
Thu, 26 Oct 2017 08:30:24 +0000
On Wednesday, Advanced Micro Devices, Inc. (NASDAQ:AMD) fell 13.5% despite beating earnings and revenue expectations. Plenty of investors have been looking at NVDA stock price today for clues as to what it might do. All of that growth has put an immense valuation on Nvidia, with NVDA stock trading at 48 times forward earnings estimates.
NVIDIA Launches AI Cloud Container Registry to Accelerate Deep Learning, Volta GPUs Debut on Amazon Web Services
Thu, 26 Oct 2017 06:07:03 +0000
SANTA CLARA, Calif., Oct. 26, 2017– NVIDIA today announced immediate availability of the NVIDIA ® GPU Cloud container registry for AI developers worldwide.. In just a few steps, NGC helps developers get …
NVIDIA, Taiwan’s Ministry of Science and Technology to Accelerate Taiwan AI Revolution with NVIDIA AI Computing Platform
Thu, 26 Oct 2017 04:00:00 +0000
TAIPEI, Taiwan, Oct. 26, 2017– GTC Taiwan– NVIDIA today announced that it is collaborating with Taiwan’ s Ministry of Science and Technology to accelerate the development of artificial intelligence across …
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