ADOBE INC (ADBE)
US00724F1012 - Common Stock
Overall ADBE gets a technical rating of 0 out of 10. 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.
84% of all other stocks performed better in the past year than ADBE.
ADBE is one of the lesser performing stocks in the Software industry. 78% of 279 stocks in the same industry do better.
ADBE is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ADBE is lagging the market.
In the last month ADBE has a been trading in the 432.47 - 557.90 range, which is quite wide. It is currently trading near the lows of this range.
ADBE has an average volume of 3606110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Volume is considerably higher in the last couple of days.
The technical rating of ADBE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
440.30
584.12
When analyzing the support we notice one important area.
- Support @444.75 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 500.11 to 503.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @547.36 from a trend line in the daily time frame.
- Resistance @578.34 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.09
Mansfield-2.31
10 Day High557.9
10 Day Low432.47
20 Day High557.9
20 Day Low432.47
52 Week High638.25
52 Week Low432.47
Performance
1 Week-3.98%
2 Weeks-19.13%
1 Month-11.35%
3 Month-14.38%
6 Month-16.17%
12 Month-25.32%
2 Year32.88%
3 Year-21.14%
5 Year35.58%
10 Year515.09%
15 Year1115.8%
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)-10.44
RSI(14)31.97
LBB408.11
UBB587.86
ADOBE INC
NASDAQ:ADBE (12/20/2024, 8:00:00 PM)
After market: 449.25 +2.08 (+0.47%)447.17
+9.78 (+2.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.24%
1 Week-3.98%
2 Weeks-19.13%
1 Month-11.35%
3 Month-14.38%
6 Month-16.17%
12 Month-25.32%
2 Year32.88%
3 Year-21.14%
5 Year35.58%
10 Year515.09%
15 Year1115.8%
Volatility
ATR(14)18.8
ATR(20)%3.61%
ATR Inc-11.38%
Range Today18.95
ADR(20)12.83
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.09
Mansfield-2.31
10 Day High557.9
10 Day Low432.47
20 Day High557.9
20 Day Low432.47
52 Week High638.25
52 Week Low432.47
CS1 End444.75
CR1 Start500.11
Volume & EV
DER(3)-1.83%
DER(5)-0.56%
Volume8.22M
Volume Incr74.14%
Vol(5)6.91M
Vol(50)3.61M