Adobe's most recent trend suggests a bearish bias. One trading opportunity on Adobe is a Bear Call Spread using a strike $75.00 short call and a strike $80.00 long call offers a potential 5.04% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $75.00 by expiration. The full premium credit of $0.24 would be kept by the premium seller. The risk of $4.76 would be incurred if the stock rose above the $80.00 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 29.8 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Adobe
ValueAct Capital Seeks Board Seats, Transparency At Governance Specialist MSCI
Tue, 06 Jan 2015 00:33:00 GMT
Forbes – MSCI advises investment funds on issues of corporate governance, but a top shareholder, Jeffrey Ubben of ValueAct Capital, believes the company doesn't have its own house in order.
Lightning Round: The scoop on Apple
Mon, 05 Jan 2015 23:48:05 GMT
Adobe beats Street 4Q forecasts
Mon, 05 Jan 2015 19:46:04 GMT
AP – On a per-share basis, the San Jose, California-based company said it had profit of 14 cents. Earnings, adjusted for one-time gains and costs, came to 36 cents per share. The results exceeded Wall Street …
Adobe beats Street 4Q forecasts
Mon, 05 Jan 2015 19:46:04 GMT
AP – On a per-share basis, the San Jose, California-based company said it had profit of 14 cents. Earnings, adjusted for one-time gains and costs, came to 36 cents per share. The results exceeded Wall Street …
Why Oracle is targeting the CRM market for its growth
Fri, 02 Jan 2015 22:14:16 GMT
Market Realist – Oracle has been growing its CRM segment rapidly by making strategic acquisitions to expand its position in the CRM market.
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