Adobe Generated Returns of 0.55% in the Trailing 5-Day Period
Shareholder returns and stock trends
As of November 25, 2015, Adobe (ADBE) generated investor returns of 25.75% in the trailing 12-month period and 3.30% in the trailing one-month period. In comparison, the company generated 21.41% in 2014 and 26.23% YTD (year-to-date). The firm’s share price increased 0.55% in the trailing five-day period.
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On November 25, 2015, Adobe closed the trading day at $91.77. Based on this figure, let’s see how the stock fared in terms of its moving averages:
- 9% below its 100-day moving average of $83.91
- 5% below its 50-day moving average of $87.02
- 1% below its 20-day moving average of $90.55
MACD and Relative Strength Index
A company’s MACD (moving average convergence divergence) is the difference between its short-term and long-term moving averages. On November 25, 2015, ADBE’s 14-day MACD was 1.44. This positive figure indicates an upward trading trend.
The company’s 14-day RSI (Relative Strength Index) was 62, which shows that the stock is slightly oversold. Generally, if a company’s RSI is above 70, it indicates its stock is overbought. An RSI figure below 30 suggests that a company’s stock has been oversold.
Out of 26 analysts covering Adobe’s stock, 18 have issued a “buy” recommendation and eight have recommended a “hold.” The analyst stock price target for the firm is $91.95, with a median target estimate of $95. This means that Adobe is trading at a discount of 3% to median analyst estimates.