ADOBE INC (ADBE) Stock Technical Analysis
NASDAQ:ADBE - Nasdaq - US00724F1012 - Common Stock
Taking everything into account, ADBE scores 0 out of 10 in our technical rating. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ADBE is a bad performer in the overall market: 87% of all stocks are doing better.
ADBE is part of the Software industry. There are 285 other stocks in this industry, of which 79% are performing better than ADBE.
ADBE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ADBE has an average volume of 4052140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ADBE has a been trading in the 403.75 - 452.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of ADBE is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
401.85
584.12
We found 1 important support area.
- A support zone ranging from 405.91 to 405.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 436.37 to 436.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 537.28 to 539.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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
CRS13.47
Mansfield-2.24
10 Day High439.98
10 Day Low403.75
20 Day High452.34
20 Day Low403.75
52 Week High638.25
52 Week Low403.75
Performance
1 Week6.82%
2 Weeks1.34%
1 Month-1.12%
3 Month-9.79%
6 Month-19.56%
12 Month-28.92%
2 Year17.83%
3 Year-18.33%
5 Year24.27%
10 Year522.22%
15 Year1250.96%
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)3.08
RSI(14)44.43
LBB401.89
UBB451.42
ADOBE INC
NASDAQ:ADBE (1/21/2025, 6:00:28 PM)
After market: 436 -0.36 (-0.08%)436.36
+6.37 (+1.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.48%
1 Week6.82%
2 Weeks1.34%
1 Month-1.12%
3 Month-9.79%
6 Month-19.56%
12 Month-28.92%
2 Year17.83%
3 Year-18.33%
5 Year24.27%
10 Year522.22%
15 Year1250.96%
Volatility
ATR(14)10.12
ATR(20)%2.33%
ATR Inc2.77%
Range Today8.48
ADR(20)9.2
ADR(20)%2.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.47
Mansfield-2.24
10 Day High439.98
10 Day Low403.75
20 Day High452.34
20 Day Low403.75
52 Week High638.25
52 Week Low403.75
CS1 End405.91
CR1 Start436.37
Volume & EV
DER(3)0.61%
DER(5)1.28%
Volume3.83M
Volume Incr-27.6%
Vol(5)3.96M
Vol(50)4.05M