Adobe's most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $280.00 short put and a strike $275.00 long put offers a potential 16.82% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $280.00 by expiration. The full premium credit of $0.72 would be kept by the premium seller. The risk of $4.28 would be incurred if the stock dropped below the $275.00 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 66.69 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Adobe
Software Alliance looks to plug security holes in development
Wed, 01 May 2019 21:16:20 +0000
A technology industry trade group is addressing software vulnerabilities that can lead to cyberattacks.
Investor Advisory: Adobe Announces Webcast of Investor Conference Participation
Wed, 01 May 2019 17:00:00 +0000
Adobe today announced its upcoming participation in the following investor event:
Shareholders Are Raving About How The Adobe (NASDAQ:ADBE) Share Price Increased 366%
Wed, 01 May 2019 13:00:01 +0000
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Long term investing can be life changing when you buy and hold the truly great businesses. And h…
Adobe Systems (ADBE) Outpaces Stock Market Gains: What You Should Know
Tue, 30 Apr 2019 21:45:09 +0000
Adobe Systems (ADBE) closed at $289.48 in the latest trading session, marking a +1.17% move from the prior day.
See what the IHS Markit Score report has to say about Adobe Inc.
Tue, 30 Apr 2019 12:06:53 +0000
Adobe Inc NASDAQ/NGS:ADBEView full report here! Summary * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for ADBE with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting ADBE. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $7.48 billion over the last one-month into ETFs that hold ADBE are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
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