Adobe's most recent trend suggests a bearish bias. One trading opportunity on Adobe is a Bear Call Spread using a strike $532.50 short call and a strike $540.00 long call offers a potential 47.06% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $532.50 by expiration. The full premium credit of $2.40 would be kept by the premium seller. The risk of $5.10 would be incurred if the stock rose above the $540.00 long call 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 down which suggests that the medium-term momentum for Adobe is bearish.
The RSI indicator is at 37.3 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Adobe
2 “Strong Buy” Stocks Insiders Are Snapping Up Right Now
Wed, 12 Jan 2022 01:45:52 +0000
There are thousands of publicly traded companies out there, and they all send out a range of signals that investors must learn to interpret. Parsing these signals is essential for investing success, and having a clear strategy, based on reliable market indicators, often makes the difference between gaining or losing in the market. One of the clearest signals that retail investors can follow is the buying patterns of corporate insiders. These are the company officers who hold high positions – CEO
Junson Asset Management (Hong Kong) Ltd Buys Smartsheet Inc, Meta Platforms Inc, Microsoft …
Tue, 11 Jan 2022 14:38:03 +0000
Investment company Junson Asset Management (Hong Kong) Ltd (Current Portfolio) buys Smartsheet Inc, Meta Platforms Inc, Microsoft Corp, Netflix Inc, Snowflake Inc, sells Airbnb Inc, Coupa Software Inc, RingCentral Inc, CrowdStrike Holdings Inc, Adobe Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Junson Asset Management (Hong Kong) Ltd.
Dixon Hubard Feinour & Brown Inc Buys Vanguard Short-Term Government Bond ETF, Intuit Inc, …
Mon, 10 Jan 2022 22:38:15 +0000
Investment company Dixon Hubard Feinour & Brown Inc (Current Portfolio) buys Vanguard Short-Term Government Bond ETF, Intuit Inc, Vanguard Total Stock Market ETF, CME Group Inc, Schwab U.S.
Adobe Names Brett Biggs and Spencer Neumann to its Board of Directors
Mon, 10 Jan 2022 21:05:00 +0000
SAN JOSE, Calif., January 10, 2022–Adobe (Nasdaq:ADBE) today announced the appointment of Brett Biggs and Spencer Neumann to its board of directors, effective immediately. The addition of Biggs and Neumann brings Adobe’s board of directors to 12 members following the announcement in November 2021 that Jim Daley was retiring after nearly two decades as an Adobe director.
Cramer's Mad Money Recap 1/10: Adobe, Zynga, Take-Two Interactive
Mon, 10 Jan 2022 19:02:00 +0000
With some parts of the stock market down sharply, Jim Cramer says investors need to take advantage of the declines and find something to buy.
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