ADOBE INC (ADBE)
US00724F1012 - Common Stock
We assign a technical rating of 1 out of 10 to ADBE. ADBE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ADBE is a bad performer in the overall market: 83% of all stocks are doing better.
ADBE is one of the lesser performing stocks in the Software industry. 75% of 279 stocks in the same industry do better.
ADBE has an average volume of 3081650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ADBE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ADBE is lagging the market.
In the last month ADBE has a been trading in the 475.05 - 539.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ADBE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 488.54, a Stop Loss order could be placed below this zone.
More info and screens
478.82
584.13
We found 1 important support area.
- A support zone ranging from 483.66 to 488.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 525.13 to 532.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @550.27 from a trend line in the weekly time frame.
- A resistance zone ranging from 570.93 to 578.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.15
Mansfield-1.66
10 Day High539.92
10 Day Low493.1
20 Day High539.92
20 Day Low475.05
52 Week High638.25
52 Week Low433.97
Performance
1 Week-4.8%
2 Weeks0.7%
1 Month4.47%
3 Month-9.65%
6 Month6.1%
12 Month-18.56%
2 Year46.24%
3 Year-24.69%
5 Year62.97%
10 Year584.64%
15 Year1337.97%
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)0.82
RSI(14)50.69
LBB475.8
UBB533.9
ADOBE INC
NASDAQ:ADBE (11/21/2024, 8:10:45 PM)
After market: 504.44 0 (0%)504.44
+4.94 (+0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.99%
1 Week-4.8%
2 Weeks0.7%
1 Month4.47%
3 Month-9.65%
6 Month6.1%
12 Month-18.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)14.38
ATR(20)%2.51%
ATR Inc
Range Today15.47
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High539.92
10 Day Low493.1
20 Day High539.92
20 Day Low475.05
52 Week High638.25
52 Week Low433.97
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.00M
Volume Incr-1.89%
Vol(5)2.54M
Vol(50)3.08M