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Adobe Systems - Barchart Chart of the Day

|Includes: Adobe Systems Incorporated (ADBE)
Barchart.coms Chart of the Day - Adobe Systems (NASDAQ:ADBE)
Barchart Research Team - Barchart.com - Wed May 11, 5:11PM CDT
Related Stocks
 ADBE - Adobe Systems Incorporated
Sym Last Chg Pct
ADBE 35.40 +0.65 +1.87%

The "Chart of the Day" is Adobe Systems (ADBE), which showed up on Wednesday's list of stocks that had a new "Buy" signal from the Barchart "TrendSpotter" trading system. Adobe on Wednesday rallied by 1.87% and posted a new 1-year high. In recent news on the stock, Morgan Stanley on May 11 named Adobe as a long Research Tactical idea. Adobe Systems, with a market cap of $17 billion, is a provider of graphic design, publishing, and imaging software for Web and print production.

adbe_700

How we found the Chart of the Day:

We found the "Chart of the Day" by scanning the Barchart "Trading Signals" page. That page provides a summary of changes in the Barchart signals. We then clicked on the TrendSpotter "Buy" category to obtain a list of all the stocks for which the Barchart TrendSpotter trading system has just turned to a buy. We then clicked on the "Today's Opinion" column header in order to sort the list with the strongest stocks on top. Further information is available at Barchart Signals Guide help page and at TrendSpotter help page.

Barchart's Opinion trading systems are all a Buy and Barchart's daily TrendSpotter trading system is a "Buy." Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

  • TrendSpotter: Buy
  • Short-Term Indicators: 100% Buy
  • Medium-Term Indicators: 10% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 100% Buy


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