The stock of Electronic Arts Inc. (NASDAQ:EA) recorded 14.94% uptrend from the beginning of this year till date. The 12-month potential price target for Electronic Arts Inc. is set at $120.16. This target means that the stock has an upside potential to increase by 32.48% from the current trading price. EA went down by -$0.31 now trading at $90.7. Their shares witnessed a 22.72% increase from the 52-week low price of $73.91 they recorded on 2018-12-26. Even though it is still -66.77% behind the $151.26 high touched on 2018-07-13. The last few days have been good for the stock, as its price has grew by 7.44% during the week. It has also performed poorly over the past three months, as it lost around -13.74% while it has so far retreated around -19.2% during the course of a year.
When giving their opinion, around 79.31% of Wall Street analysts, which represents 23 out of 29 rated the stock as a Buy. 6 brokerage firms of the remaining 20.69% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate EA shares held by institutional investors represents 0% of total shares. 108 institutions entered new Electronic Arts Inc. (NASDAQ:EA) positions, 418 added to their existing positions in these shares, 375 lowered their positions, and 112 exited their positions entirely.
Electronic Arts Inc. (EA) trade volume has decreased by -24.44% as around 3,751,689 shares were sold when compared with its 50-day average volume of traded shares which is 4,964,866. At the moment, EA is witnessing a uptrend, as it is trading 11.57% above its 20-day SMA, 6.86% above its 50-day SMA, and -21.72% above its 200-day SMA. The company runs an ROE of roughly 20.1%, with financial analysts predicting that their earnings per share growth will be around 13.1% per annum for the next five year. This will be compared to the 67.2% increase witnessed over the past five years.
The first technical resistance point for Electronic Arts Inc. (NASDAQ:EA) will likely come at $91.56, marking a 0.94% premium to the current level. The second resistance point is at $92.41, about 1.85% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $89.05, the lower end of the range. EA’s 14-day MACD is 7.52 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 65.69, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 38.61 percent, which is high when compared to that of the 50-day’s 37.83 percent.
The shares of Adobe Inc. (NASDAQ:ADBE) has decreased by -0.09%, and now trading at $237.55 on the Wall Street in the intra-day deal, with their shares traded now around 3,177,840. This is a decline of -1,125,186 shares over the average 4,303,026 shares that were traded daily over the last three months. The stock that is trading at $237.55 went higher by 32.46% from its 52-week low of $179.34 that it attained back on 2018-02-09. The stock recorded a 52-week high of $277.61 nearly 122 days ago on 2018-09-14..
ADBE stock hasn’t performed well over the past 30 days, as it lost -3.18% while its price climbed by 5% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 5.02% over the last week. The stock’s 12-month potential target price is now at $288.96. This means that the stock price might likely increase by 21.64% from its current trading price.20 out of 30 Wall Street analysts which represents 66.67% rated the stock as a buy while the remaining 33.33 rated it as a hold, with 0 of analysts rating it as a sell.
Adobe Inc. (NASDAQ:ADBE) has been utilizing an ROE that is roughly 25%, with stock analysts predicting that the company’s EPS for the next five years will go up by 22.65% per year, following the 15.3% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 4.94% above its 20-day SMA, 1.19% above its 50-day SMA, and -2.71% below its 200-day SMA. In percentage terms, the aggregate Adobe Inc. shares held by institutional investors is 87.8%. 123 institutions jumped in to acquire Adobe Inc. (ADBE) fresh stake, 601 added to their current holdings in these shares, 640 lowered their positions, and 66 left no stake in the company.
The stock’s 9-day MACD is 7.43 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 60.74, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 49.69 percent, which is more when compared to that of the 50-day’s 49.48 percent. On the daily chart, we see that the stock could reach the first level of resistance at $239.5, sporting a 0.81% premium to the current level. The next resistance point is at $241.46, representing nearly 1.62% premium to the current market price of Adobe Inc. (ADBE). On the other hand, failure to breach the immediate hurdles can drag it down to $233.28, the lower end of the range.