ADOBE INC (ADBE) Stock Technical Analysis
NASDAQ:ADBE - Nasdaq - US00724F1012 - Common Stock - Currency: USD
Taking everything into account, ADBE scores 0 out of 10 in our technical rating. ADBE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
77% of all other stocks performed better in the past year than ADBE.
ADBE is currently trading near the lower end of its 52 week range, which is not a good sign. ADBE is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month ADBE has a been trading in the 332.01 - 404.50 range, which is quite wide. It is currently trading near the lows of this range.
ADBE has an average volume of 4100740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ADBE is an average performer in the Software industry, it outperforms 46% of 283 stocks in the same industry.
ADBE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
336.59
522.82
2 important support areas can be observed.
- A support zone ranging from 345.84 to 348.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @339.99 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 396.87 to 399.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @517.64 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.63
Mansfield-2.25
10 Day High365.72
10 Day Low332.01
20 Day High404.5
20 Day Low332.01
52 Week High587.75
52 Week Low332.01
Performance
1 Week-0.36%
2 Weeks-5.02%
1 Month-10.47%
3 Month-18.88%
6 Month-29.52%
12 Month-24.99%
2 Year-7.62%
3 Year-11.91%
5 Year-1.37%
10 Year358.59%
15 Year938.1%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.25
RSI(14)35.72
LBB326.9
UBB388.95
348.8
+4.61 (+1.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.34%
1 Week-0.36%
2 Weeks-5.02%
1 Month-10.47%
3 Month-18.88%
6 Month-29.52%
12 Month-24.99%
2 Year-7.62%
3 Year-11.91%
5 Year-1.37%
10 Year358.59%
15 Year938.1%
Volatility
ATR(14)15.42
ATR(20)%3.91%
ATR Inc-46.77%
Range Today6.79
ADR(20)12.48
ADR(20)%3.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.63
Mansfield-2.25
10 Day High365.72
10 Day Low332.01
20 Day High404.5
20 Day Low332.01
52 Week High587.75
52 Week Low332.01
CS1 End348.79
CR1 Start396.87
Volume & EV
DER(3)-0.65%
DER(5)0.18%
Volume5.23M
Volume Incr-22.21%
Vol(5)3.84M
Vol(50)4.10M