Adobe's most recent trend suggests a bearish bias. One trading opportunity on Adobe is a Bear Call Spread using a strike $60.00 short call and a strike $65.00 long call offers a potential 14.94% 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 $60.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock rose above the $65.00 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 29.29 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Adobe
Why We're Still Huge Fans Of Microsoft
Mon, 12 May 2014 07:30:41 GMT
Seeking Alpha – Very few firms have as attractive of an investment profile as Microsoft ( MSFT ). The company has a mountain of cash on the balance sheet that covers its annual dividend with total cash 10 times on a pure …
Dropbox for Business sales push overshadowed by vulnerability
Sun, 11 May 2014 16:00:00 GMT
Why Salesforce.com's Future Growth Is Already Factored In
Sun, 11 May 2014 08:47:07 GMT
Seeking Alpha – Salesforce.com ( CRM ) is a company that requires a significant amount of monitoring. Even small changes in the trajectory of its future revenue growth could have large implications on its intrinsic value. …
Checks on Adobe very encouraging, says Pacific Crest
Fri, 09 May 2014 12:30:07 GMT
theflyonthewall.com – Checks on Adobe very encouraging, says Pacific Crest
Aspiring Font Nerds, Adobe Has Free Online Courses for You
Fri, 09 May 2014 10:01:25 GMT
BusinessWeek – You don't have to be in a design department to appreciate the business lesson in Adobe's free, online course in typography
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