Adobe's most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $195.00 short put and a strike $190.00 long put offers a potential 25% 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 $195.00 by expiration. The full premium credit of $1.00 would be kept by the premium seller. The risk of $4.00 would be incurred if the stock dropped below the $190.00 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 79.2 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
Why Adobe Systems Incorporated Stock Is Still a Top-Notch Tech Play
Wed, 24 Jan 2018 18:55:48 +0000
Technical analysis — watching a stock’s chart and guessing when its price is due to rise or fall — is not where you want to be in the current go-go market. Exhibit A is Adobe Systems Incorporated (NASDAQ:ADBE) and the ADBE stock chart. From a technical standpoint, you should be selling ADBE stock, as a sell-off seems “unavoidable.” Insiders are selling and it’s bordering on key levels.
Is Adobe Systems Incorporated (NASDAQ:ADBE) Undervalued?
Wed, 24 Jan 2018 18:33:18 +0000
Adobe Systems Incorporated (NASDAQ:ADBE) saw a decent share price growth in the teens level on the NasdaqGS over the last few months. With many analysts covering the large-cap stock, weRead More…
See what the IHS Markit Score report has to say about Adobe Systems Inc.
Wed, 24 Jan 2018 13:08:46 +0000
Adobe Systems Inc NASDAQ/NGS:ADBE
Global Survey Finds It Is Time for Governments to Transform Online Experiences
Wed, 24 Jan 2018 08:05:00 +0000
Adobe and WPP’s government and public sector practice today released the results of a global study that found citizens want governments to transform their online services to be more like the private sector.
Creative Problem Solving Skills Are Key to Tomorrow’s Jobs, but Today’s Curricula Are Leaving Students Behind
Wed, 24 Jan 2018 08:00:00 +0000
Today at Bett, Europe’s largest exhibition for technology in education, Adobe released a global research study on the importance of teaching creative problem solving skills to students to ensure their success in tomorrow’s workplace.
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