Adobe's most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $265.00 short put and a strike $260.00 long put offers a potential 66.67% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $265.00 by expiration. The full premium credit of $2.00 would be kept by the premium seller. The risk of $3.00 would be incurred if the stock dropped below the $260.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Adobe 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 up which suggests that the medium-term momentum for Adobe is bullish.
The RSI indicator is at 62.36 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Adobe
Microsoft, Adobe & SAP Partnership to Raise the Bar in CRM
Tue, 25 Sep 2018 14:24:02 +0000
Microsoft (MSFT) announced data initiative in partnership with Adobe and SAP in a bid to up the ante in customer experience management service.
10 Best Blue-Chip Stocks for Mid-Career Investors
Tue, 25 Sep 2018 13:45:47 +0000
Investment portfolios for this mid-career crowd are also at critical junctures. With that as the backdrop, here’s a look at ten blue-chip stocks to buy if you’re around the age of 40. Perhaps best of all, they’re names that don’t require constant baby-sitting, letting mid-career investors focus on other things like work, kids and aging parents.
Adobe's new AI technology claims to answer questions you didn't know you had
Tue, 25 Sep 2018 12:21:00 +0000
Adobe has released a new artificial intelligence (AI) technology that can learn to adapt itself based on how different people in a company use it. Its "virtual analyst" was developed over three years, adding to the company's software that can identify peaks and troughs in web traffic and online orders, among other things.
More Highs Ahead for Adobe Stock
Tue, 25 Sep 2018 10:30:20 +0000
Adobe Systems (NASDAQ:ADBE) is well known because of its PDF format and Photoshop software, but it is also moving forward into some of the innovative areas of the future. Adobe stock has started incorporating artificial intelligence (AI) and machine learning into marketing efforts to help advertisers — including Coca-Cola (NYSE:KO) and AT&T (NYSE:T) — better target customers.
Dow Jones Futures: So Much For The Stock Market Rotation Out Of Tech Stocks
Tue, 25 Sep 2018 10:05:35 +0000
Stock futures: The Nasdaq composite rallied from its 50-day line Monday, along with Amazon, Nvidia, Adobe and Netflix. Apple also rallied, silencing talk of rotation out of tech stocks.
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