Adobe's most recent trend suggests a bearish bias. One trading opportunity on Adobe is a Bear Call Spread using a strike $72.50 short call and a strike $77.50 long call offers a potential 14.68% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $72.50 by expiration. The full premium credit of $0.64 would be kept by the premium seller. The risk of $4.36 would be incurred if the stock rose above the $77.50 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 45.35 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Adobe
Adobe to buy stock photo company; revenues top estimates
Fri, 12 Dec 2014 02:46:42 GMT
Reuters – By Anya George Tharakan REUTERS – Photoshop maker Adobe Systems Inc said it would buy stock photography company Fotolia for $800 million and reported quarterly revenue above market estimates, helped by …
Adobe to buy stock photo company; revenues top estimates
Fri, 12 Dec 2014 01:27:57 GMT
Adobe to buy stock photo company; revenues top estimates
Fri, 12 Dec 2014 01:27:57 GMT
Reuters – Photoshop maker Adobe Systems Inc said it would buy stock photography company Fotolia for $800 million and reported quarterly revenue above market estimates, helped by a 28 percent jump in the number of …
Lightning Round: The worst pick I ever made
Fri, 12 Dec 2014 00:31:26 GMT
Adobe Systems Soars On Q4 Cloud Growth
Thu, 11 Dec 2014 23:34:00 GMT
Investor's Business Daily – Graphic design and media software company Adobe Systems floated above Wall Street's fiscal fourth-quarter targets late Thursday, reporting better-than-expected sales and earnings thanks to its Internet …
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