Adobe's most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $150.00 short put and a strike $145.00 long put offers a potential 7.3% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $150.00 by expiration. The full premium credit of $0.34 would be kept by the premium seller. The risk of $4.66 would be incurred if the stock dropped below the $145.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Adobe 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 up which suggests that the medium-term momentum for Adobe is bullish.
The RSI indicator is at 65.18 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Adobe
Media Alert: Adobe Advertising Cloud First Media Buying Platform to Give Advertisers Full Supply Side Transparency
Thu, 12 Oct 2017 17:15:00 +0000
Although the advent of digital advertising has brought marketers meaningful gains in effectiveness and in efficiency, the industry remains beleaguered by a problem that has been seemingly impossible to solve: a lack of transparency.
Media Alert: Adobe Advertising Cloud Brings Marketers Flexibility and Convenience with New Mobile App
Thu, 12 Oct 2017 17:15:00 +0000
As advertisers shift to buying a majority of digital advertising through automated software, advertising technology tools are frequently stuck in the desktop computer era, leaving media traders few options for managing campaigns when outside of the office or away from their computer.
Adobe Announces Webcast of Financial Analyst Briefing at Adobe MAX
Thu, 12 Oct 2017 17:00:00 +0000
Adobe Systems Incorporated today announced it will webcast a briefing with financial analysts and investors in attendance at Adobe MAX on Wednesday, Oct. 18, 2017. At the briefing, which is being held in Las Vegas, Adobe will review the company’s strategy and business momentum.
Adobe says it will help advertisers and publishers find out if they are getting ripped off by ad tech companies
Thu, 12 Oct 2017 16:53:26 +0000
Adobe says that ad tech companies have been charging advertisers hidden fees. The company has…
Kemet, Flowserve, Tableau Software, Adobe Systems and Progress Software highlighted as Zacks Bull and Bear of the Day
Thu, 12 Oct 2017 13:17:01 +0000
Kemet, Flowserve, Tableau Software, Adobe Systems and Progress Software highlighted as Zacks Bull and Bear of the Day
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