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Adobe (ADBE) Shares Cross Below 200 DMA
By Market News Video Staff, Tuesday, February 23, 12:03 PM ET
In trading on Tuesday, shares of Adobe Inc (NASDAQ:ADBE) crossed below their 200 day moving average of $459.86, changing hands as low as $450.12 per share. Adobe Inc shares are currently trading down about 1.7% on the day. The chart below shows the one year performance of ADBE shares, versus its 200 day moving average:
Looking at the chart above, ADBE's low point in its 52 week range is $255.1314 per share, with $536.88 as the 52 week high point — that compares with a last trade of $461.21. The ADBE DMA information above was sourced from TechnicalAnalysisChannel.com
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