Adobe's most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $110.00 short put and a strike $100.00 long put offers a potential 16.41% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $110.00 by expiration. The full premium credit of $1.41 would be kept by the premium seller. The risk of $8.59 would be incurred if the stock dropped below the $100.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Adobe is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Adobe is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Adobe
Stocks Close Lower; Texas Instruments Breaks Out; 4 Key Companies To Post Earnings
Mon, 23 Jan 2017 21:23:15 GMT
No Trump Bump Yet As Stocks Slip; McDonald's Weighs On Dow; Nvidia Rises
Mon, 23 Jan 2017 15:32:55 GMT
Adobe Systems Is Ready for a Breakout and New Highs
Mon, 23 Jan 2017 15:07:00 GMT
TheStreet – ADBE's charts and indicators are bullish.
Adobe Co-Founder Sells 5,000 Shares (ADBE)
Mon, 23 Jan 2017 13:32:00 GMT
Investopedia – John Warnock, co-founder of multinational computer software company Adobe Systems Inc., sold 5,000 shares of the business' stock on Jan. 17.
25 Easy Ways To Stimulate Innovation, And Never Get Stuck Again
Mon, 23 Jan 2017 13:31:00 GMT
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