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
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Thu, 13 Jan 2022 16:40:27 +0000
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Thu, 13 Jan 2022 14:38:02 +0000
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Ayrshire Capital Management LLC Buys Adobe Inc, NVIDIA Corp, Qualcomm Inc, Sells Fidelity …
Wed, 12 Jan 2022 22:38:16 +0000
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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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