Adobe's most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $80.00 short put and a strike $75.00 long put offers a potential 16.55% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $80.00 by expiration. The full premium credit of $0.71 would be kept by the premium seller. The risk of $4.29 would be incurred if the stock dropped below the $75.00 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 at 67.41 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Adobe
Adobe cooks up Creative Cloud inspired analytics workspaces
Thu, 24 Sep 2015 17:00:04 GMT
Alert: Adobe Brings Creative Heritage to Adobe Analytics
Thu, 24 Sep 2015 17:00:00 GMT
Business Wire – Adobe today announced Analysis Workspace, an original way for companies to analyze, share and utilize marketing data through Adobe Analytics. Inspired by our creative heritage, Analysis Workspace changes how data is organized and visualized within an organization.
Adobe Named a Leader in Gartner 2015 Magic Quadrant for Digital Marketing Analytics
Thu, 24 Sep 2015 17:00:00 GMT
Business Wire – Adobe today announced it has been positioned by Gartner, Inc. as a Leader in the 2015 “Magic Quadrant for Digital Marketing Analytics research report1.” Adobe was one of twelve vendors evaluated and positioned highest in the ability to execute.
Adobe Systems Profit Margins Predicted To Climb
Thu, 24 Sep 2015 15:40:00 GMT
Investor's Business Daily – Adobe Systems (ADBE) stock is near an all-time high, but still has room to run, Rosenblatt Securities analyst Kirk Adams said in a research note Thursday. Adobe stock hit a record high of 87.25 on Aug. …
Apple, Microsoft, others slammed for supporting cybersecurity bill
Thu, 24 Sep 2015 13:09:02 GMT
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