Adobe's most recent trend suggests a bearish bias. One trading opportunity on Adobe is a Bear Call Spread using a strike $75.00 short call and a strike $80.00 long call offers a potential 5.93% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $75.00 by expiration. The full premium credit of $0.28 would be kept by the premium seller. The risk of $4.72 would be incurred if the stock rose above the $80.00 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 73.71 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Adobe
Adobe Sees Opportunity in Apple’s Aperture Abandonment
Sun, 29 Jun 2014 21:07:01 GMT
Wall St. Cheat Sheet – Will Adobe be able to turn Apple’s software transition to its own advantage?
This Weekend's Barron's: World's Most Respected Companies ~ Intl Paper Is Packing Profits ~ Outlook Looks Bright for NetApp ~ Adobe Shares Look Promising ~ Profile of Bank of America CEO Moynihan
Sat, 28 Jun 2014 09:02:00 GMT
[$$] Adobe: From Box to Cloud
Sat, 28 Jun 2014 04:01:00 GMT
Barrons.com – Over the last three years, software company Adobe Systems has upended its business to avoid such a fate. As peers hemmed and hawed over cloud computing, Adobe (ADBE) embraced it, pulling the plug on its best-selling boxed software and jeopardizing its 12.8 million users in the process. Adobe went from pocketing revenue as customers bought its software to getting monthly drips through subscriptions. The stock, at $72, could rise another 20% as Adobe shows off its new look and expands a promising digital-marketing segment.
Judge expresses concerns over hiring settlement from tech giants, NYT says
Fri, 27 Jun 2014 12:47:59 GMT
Adobe: 7 Different Insiders Have Sold Shares This Month
Fri, 27 Jun 2014 04:30:00 GMT
Seeking Alpha – Adobe Systems Incorporated ( ADBE ) operates as a diversified software company worldwide. (click to enlarge)
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