Adobe's most recent trend suggests a bearish bias. One trading opportunity on Adobe is a Bear Call Spread using a strike $62.50 short call and a strike $67.50 long call offers a potential 15.47% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $62.50 by expiration. The full premium credit of $0.67 would be kept by the premium seller. The risk of $4.33 would be incurred if the stock rose above the $67.50 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 46.55 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Adobe
Microsoft’s Internet Explorer Gets Hit by ‘Operation Clandestine Fox’ — What You Need to Know
Tue, 29 Apr 2014 13:42:10 GMT
Adobe Announces ColdFusion 11 for Rapid Web and Mobile Enterprise App Development
Tue, 29 Apr 2014 13:01:00 GMT
Business Wire – Adobe today announced Adobe ColdFusion 11 Enterprise Edition, an all-in-one application server that offers developers a single platform to rapidly build and deploy scalable, high-performing web and mobile applications in enterprise environments.
Adobe fixes Flash Player bug used in attack on Syrian gov't website
Mon, 28 Apr 2014 19:52:47 GMT
Adobe fixes Flash Player bug used in attack on Syrian government website
Mon, 28 Apr 2014 19:37:45 GMT
Adobe fixes Flash Player bug used in attack on Syrian government website
Mon, 28 Apr 2014 19:37:45 GMT
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