Adobe's most recent trend suggests a bearish bias. One trading opportunity on Adobe is a Bear Call Spread using a strike $520.00 short call and a strike $525.00 long call offers a potential 28.21% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $520.00 by expiration. The full premium credit of $1.10 would be kept by the premium seller. The risk of $3.90 would be incurred if the stock rose above the $525.00 long call 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 down which suggests that the medium-term momentum for Adobe is bearish.
The RSI indicator is at 27.01 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Adobe
Why Microsoft could be ‘extremely well-positioned’ for metaverse success
Thu, 13 Jan 2022 20:34:00 +0000
As companies seek to build out the metaverse, Microsoft Corp. may already have many of the necessary tools in its pocket.
Better Buy: DocuSign vs. Adobe
Thu, 13 Jan 2022 16:40:27 +0000
DocuSign (NASDAQ: DOCU) and Adobe (NASDAQ: ADBE) initially seem like very different companies. DocuSign is the world's largest e-signature company, while Adobe provides industry-standard creativity software like Photoshop, Illustrator, and Premiere Pro as cloud-based services. Adobe also integrates those services into its cloud-based sales, marketing, e-commerce, and analytics tools for enterprise customers.
Cottage Street Advisors LLC Buys PIMCO Enhanced Short Maturity Active Exchange-Trad, SPDR …
Thu, 13 Jan 2022 14:38:02 +0000
Investment company Cottage Street Advisors LLC (Current Portfolio) buys PIMCO Enhanced Short Maturity Active Exchange-Trad, SPDR Portfolio Short Term Corporate Bond ETF, Invesco Quality Municipal Income Trust, Invesco Variable Rate Preferred ETF, Advanced Micro Devices Inc, sells iShares iBonds Dec 2021 Term Corporate ETF, Zoom Video Communications Inc, Intel Corp, AutoNation Inc, International Business Machines Corp during the 3-months ended 2021Q4, according to the most recent filings of the i
Ayrshire Capital Management LLC Buys Adobe Inc, NVIDIA Corp, Qualcomm Inc, Sells Fidelity …
Wed, 12 Jan 2022 22:38:16 +0000
Investment company Ayrshire Capital Management LLC (Current Portfolio) buys Adobe Inc, NVIDIA Corp, Qualcomm Inc, Blackstone Inc, iShares Core S&P Total U.S.
Private Capital Management Llc Buys Vanguard Russell 1000 Index Fund, BTC iShares Core MSCI …
Wed, 12 Jan 2022 22:38:09 +0000
Investment company Private Capital Management Llc (Current Portfolio) buys Vanguard Russell 1000 Index Fund, BTC iShares Core MSCI EAFE ETF, Vanguard Small Cap ETF, Independent Bank Group Inc, iShares Core MSCI Emerging Markets ETF, sells Millicom International Cellular SA, Adobe Inc, AT&T Inc, The Home Depot Inc, iShares MSCI Intl Quality Factor ETF during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Private Capital Management Llc.
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