Amundi: No AI Stock Bubble in Asia, Fed Risk Takes Center Stage

The headline indicates that while there is no bubble in Asian AI stocks, the risk from the Federal Reserve is becoming prominent. This does not provide a clear short-term direction for NVDA, as it offers a positive outlook on the AI sector, but uncertainty over Fed monetary policy could dampen risk appetite. On the technical indicators, the RSI is at 50.75, in neutral territory, while the MACD is above the signal line but below zero, giving a weak bullish signal. The price is very close to the 20-day moving average (218.95) and above the 50-day moving average (217.27), increasing the likelihood of a sideways trend in the short term. Although the 2.63% decline in the last 24 hours reflects selling pressure, the indicators are not in oversold territory, so a continued decline should not be expected.

The news headline indicates that there is no bubble in AI stocks in Asia, but the Fed risk is coming to the forefront. This does not provide a clear short-term direction for AI-focused stocks such as AMD. On the technical indicators, the RSI is at 50.7, in neutral territory, the MACD is below the signal line, and the price is below the SMA20, pointing to weak momentum. Despite a 1.88% increase in the last 24 hours, the overall outlook remains uncertain. Therefore, a sideways movement can be expected in the short term.

The report indicates that there is no bubble in AI stocks in Asia, but the risk from the Federal Reserve is coming to the forefront. This does not provide a clear short-term direction for AI-focused stocks such as ARM. On the technical indicators, the RSI is at 51.86, in neutral territory, the MACD is below the signal line, and the price is below the 20-day moving average. Despite a 4.6% decline in the last 24 hours, staying above the 50-day moving average maintains the potential for a recovery. Therefore, a sideways trend can be expected in the short term.