Adobe's most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $262.50 short put and a strike $257.50 long put offers a potential 49.25% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $262.50 by expiration. The full premium credit of $1.65 would be kept by the premium seller. The risk of $3.35 would be incurred if the stock dropped below the $257.50 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 66.75 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
Adobe Systems (ADBE) Q3 Earnings Preview: What to Watch Ahead of the Release
Tue, 11 Sep 2018 14:30:02 +0000
Adobe (ADBE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Aim for the Clouds with Adobe Stock Ahead of Earnings
Tue, 11 Sep 2018 13:53:21 +0000
Earnings season is winding down again, and that means it’s time for Adobe Systems (NASDAQ:ADBE) to step into the limelight. ADBE stock is still riding high from its impressive second-quarter results, trading just shy of 52-week highs. After shifting its legacy software business to the cloud, Adobe has finally come into its own once again.
See what the IHS Markit Score report has to say about Adobe Systems Inc.
Tue, 11 Sep 2018 12:07:35 +0000
Adobe Systems Inc NASDAQ/NGS:ADBE
Adobe Systems (ADBE) Outpaces Stock Market Gains: What You Should Know
Mon, 10 Sep 2018 21:45:09 +0000
In the latest trading session, Adobe Systems (ADBE) closed at $265.37, marking a +1.69% move from the previous day.
Who Joins Apple, Adobe On Latest List Of New Buys By Top Funds?
Mon, 10 Sep 2018 20:06:43 +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.
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