Adobe's most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $335.00 short put and a strike $330.00 long put offers a potential 17.92% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $335.00 by expiration. The full premium credit of $0.76 would be kept by the premium seller. The risk of $4.24 would be incurred if the stock dropped below the $330.00 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 74.26 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Adobe
Why Is Adobe (ADBE) Up 11.1% Since Last Earnings Report?
Sat, 11 Jan 2020 16:30:04 +0000
Adobe (ADBE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Stock Research Reports for Chevron, Accenture, Adobe & Others
Fri, 10 Jan 2020 17:37:05 +0000
Stock Research Reports for Chevron, Accenture, Adobe & Others
Spiros Segalas Adds 4 Stocks to Portfolio in 4th Quarter
Wed, 08 Jan 2020 17:00:04 +0000
Guru ends the year with a position in newly public Peloton Continue reading…
Top 5 Cloud Stocks to Own for 2020 and for the Next Decade: Analyst
Wed, 08 Jan 2020 10:10:00 +0000
Piper Sandler sees the cloud software industry reaching $1 trillion in revenues by the end of the 2020s.
Former Informatica CEO tapped to lead Adobe unit a year after reorganization
Tue, 07 Jan 2020 22:18:45 +0000
Adobe Inc.'s Digital Experience business finally has a new leader, a year after former general manager Brad Rencher left in a reorganization.
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