ADBE

Adobe Breaks Above 200-Day Moving Average - Bullish for ADBE

In trading on Tuesday, shares of Adobe Inc (Symbol: ADBE) crossed above their 200 day moving average of $523.66, changing hands as high as $528.39 per share. Adobe Inc shares are currently trading up about 4.3% on the day. The chart below shows the one year performance of ADBE shares, versus its 200 day moving average: Adobe Inc 200 Day Moving Average Chart

Looking at the chart above, ADBE's low point in its 52 week range is $433.97 per share, with $638.25 as the 52 week high point — that compares with a last trade of $523.01. The ADBE DMA information above was sourced from TechnicalAnalysisChannel.com

Click here to find out which 9 other stocks recently crossed above their 200 day moving average »

Also see:
• REITs Hedge Funds Are Selling
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• HAYN Dividend Growth Rate

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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