Adobe's most recent trend suggests a bearish bias. One trading opportunity on Adobe is a Bear Call Spread using a strike $265.00 short call and a strike $270.00 long call offers a potential 47.06% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $265.00 by expiration. The full premium credit of $1.60 would be kept by the premium seller. The risk of $3.40 would be incurred if the stock rose above the $270.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Adobe is bearish and the probability of a decline 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 66.51 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Adobe
Shopify's Not Afraid of Adobe
Sun, 09 Sep 2018 17:31:00 +0000
Key takeaways from the commerce platform's recent investor call.
Who Joins Apple, Adobe On Latest List Of New Buys By Top Funds?
Fri, 07 Sep 2018 20:02:43 +0000
Which stocks have the best mutual funds been buying? See who joins Apple, Adobe, Ross Stores, and IBD 50 stock Nanometrics on the latest list.
3 Earnings Reports to Watch Next Week
Fri, 07 Sep 2018 19:05:47 +0000
The earnings calendar looks a bit light next week. Earnings season largely is over, with the biggest earnings reports in the rearview mirror. What looked like a solid performance has been offset by external concerns of late, pushing the S&P 500 to a two-week low.
Adobe and Twitter fall while Vera Bradley jumps
Wed, 05 Sep 2018 20:45:21 +0000
Stocks that moved substantially or traded heavily Wednesday: Twitter Inc., down $2.11 to $32.73 Social media executives testified before Congress about their efforts to fight election meddling and charges …
Adobe Falls 3.07%
Wed, 05 Sep 2018 17:16:03 +0000
Investing.com – Adobe (NASDAQ:ADBE) fell by 3.07% to trade at $258.50 by 10:15 (14:15 GMT) on Wednesday on the NASDAQ exchange.
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