Adobe's most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $52.50 short put and a strike $45.00 long put offers a potential 15.38% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $52.50 by expiration. The full premium credit of $1.00 would be kept by the premium seller. The risk of $6.50 would be incurred if the stock dropped below the $45.00 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 53.64 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Adobe
Tech Week Ahead: Get Ready for New Apple Gadgets
Fri, 18 Oct 2013 18:58:50 GMT
MarketWatch – Apple is expected to announced new products next week. Plus, many eyes will be on Microsoft when it reports earnings. Scott Austin previews the week ahead in tech. Photo: Getty Images.
InPlay: Adobe Systems displaying some relative strength in the outperforming Software sector IGV in recent trade
Fri, 18 Oct 2013 17:20:06 GMT
The Zacks Analyst Blog Highlights: Burger King Worldwide, Domino's Pizza, Panera Bread, Jack in the Box and Adobe
Fri, 18 Oct 2013 11:40:17 GMT
Zacks – The Zacks Analyst Blog Highlights: Burger King Worldwide, Domino's Pizza, Panera Bread, Jack in the Box and Adobe
Adobe Updates Analytics Solution
Thu, 17 Oct 2013 20:10:59 GMT
Zacks – Adobe (ADBE) recently announced updates for its Adobe Analytics suite of products to include new and improved features.
Insiders Are Selling Adobe Systems
Wed, 16 Oct 2013 17:04:01 GMT
Seeking Alpha – In this article, I will feature one tech stock that has seen intensive insider selling during the last 30 days. Intensive insider selling can be defined by the following three criteria:
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