(VIANEWS) – Shares of Adobe (NASDAQ: ADBE) jumped 8.58% to $428.22 at 10:35 EST on Monday, after three successive sessions in a row of gains. NASDAQ is jumping 3.33% to $12,131.13, after three consecutive sessions in a row of gains. This seems, up to now, a very bullish trend exchanging session today.
Adobe’s last close was $428.22, 38.79% under its 52-week high of $699.54.
Today’s last reported volume for Adobe is 3560381 which is 2.8% above its average volume of 3463366.
The company’s growth estimates for the ongoing quarter and the next is 9.2% and 9.3%, respectively.
Year-on-year quarterly revenue growth grew by 9.1%, now sitting on 16.14B for the twelve trailing months.
Adobe’s last week, last month’s, and last quarter’s current intraday variation average was 1.31%, 0.40%, and 2.47%, respectively.
Adobe’s highest amplitude of average volatility was 2.36% (last week), 2.60% (last month), and 2.47% (last quarter), respectively.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,
Adobe’s stock is considered to be oversold (<=20).
Adobe’s Stock Yearly Top and Bottom Value
Adobe’s stock is valued at $428.22 at 10:35 EST, way under its 52-week high of $699.54 and way higher than its 52-week low of $370.27.
Adobe’s Moving Average
Adobe’s value is above its 50-day moving average of $421.76 and way under its 200-day moving average of $541.39.
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