Adobe's most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $245.00 short put and a strike $235.00 long put offers a potential 14.55% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $245.00 by expiration. The full premium credit of $1.27 would be kept by the premium seller. The risk of $8.73 would be incurred if the stock dropped below the $235.00 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 69.3 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Adobe
Salesforce Buys Datorama as Marketing Battle With Adobe Heats Up
Mon, 16 Jul 2018 15:11:21 +0000
Salesforce.com Inc., a cloud-based applications software company, is buying Datorama Inc. in an effort to boost its analytics capabilities and compete against rivals like Adobe Systems Inc. and Oracle Corp. Datorama provides cloud-based, artificial intelligence-powered marketing software for companies including PepsiCo, Ticketmaster, Unilever and Foursquare. The New York-based company, founded in 2012 by Ran Sarig, Katrin Ribant, and Efi Cohen, has previously integrated its software into Alexa, Amazon’s voice-activated assistant.
The Story of Salesforce.com (CRM) Stock Sounds Awfully Familiar
Mon, 16 Jul 2018 10:00:19 +0000
Many of those stocks have provided outstanding returns, including CRM stock, which has risen 247% in the past five years and 63% just in the past twelve months. CRM stock seems like the epitome of those market-wide concerns. Salesforce.com itself has a fantastic business model.
3 Stocks That Have Quintupled in the Last 5 Years
Sun, 15 Jul 2018 19:01:00 +0000
Find out more about three big stock market winners since mid-2013.
Report: Adobe Photoshop Coming to IPad in 2019?
Fri, 13 Jul 2018 18:47:37 +0000
Adobe Photoshop (NASDAQ:ADBE) may soon be available for free in every version of Apple's iPads (NASDAQ:AAPL) starting in 2019, according to a recent report.
A Full Version of Photoshop May Be Coming to the iPad
Fri, 13 Jul 2018 18:17:08 +0000
The full Photoshop may be coming as soon as 2019 to Apple iOS devices.
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