Technical Analysis for ADBE - Adobe Inc

Grade Last Price % Change Price Change
D 21.220 -1.44% -0.310
ADBE closed down 8.38 percent on Friday, September 13, 2024, on 7.96 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish -1.44%
Fell Below 200 DMA Bearish -1.44%
Fell Below 50 DMA Bearish -1.44%
MACD Bearish Signal Line Cross Bearish -1.44%
New Downtrend Bearish -1.44%
Slingshot Bullish Bullish Swing Setup -1.44%
Volume Surge Other -1.44%
Earnings Movers Other -1.44%
BB Squeeze Ended Range Expansion -1.44%
Below Lower BB Weakness -1.44%

   Recent Intraday Alerts

Alert Time
Possible Inside Day 43 minutes ago
Down 1% about 4 hours ago
3x Volume Pace about 5 hours ago
2x Volume Pace about 5 hours ago
1.5x Volume Pace about 5 hours ago

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Profile

Adobe Inc Description

Adobe Inc., together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows members to access its creative products. This segment serves content creators, students, workers, marketers, educators, enthusiasts, and communicators. The Digital Experience segment provides an integrated platform and set of applications and services that enable brands and businesses to create, manage, execute, measure, monetize, and optimize customer experiences from analytics to commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, and executives across the C-suite. The Publishing and Advertising segment offers products and services, such as e-learning solutions, technical document publishing, web conferencing, document and forms platform, web application development, and high-end printing, as well as Advertising Cloud offerings. It also provides consulting, technical support, and learning services. The company offers its products and services directly to enterprise customers through its sales force and local field offices, as well as to end users through app stores and through its website at adobe.com. It also distributes products and services through distributors, value-added resellers, systems integrators, software vendors and developers, retailers, and original equipment manufacturers. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. Adobe Inc. was founded in 1982 and is headquartered in San Jose, California.


Classification

Sector: Technology
Industry: Software - Infrastructure
Keywords: Software Printing Software Vendors

Is ADBE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 27.6
52 Week Low 17.47
Average Volume 15,016
200-Day Moving Average 21.918
50-Day Moving Average 22.256
20-Day Moving Average 22.680
10-Day Moving Average 22.849
Average True Range 0.622
RSI (14) 26.47
ADX 33.99
+DI 20.480
-DI 31.456
Chandelier Exit (Long, 3 ATRs) 21.664
Chandelier Exit (Short, 3 ATRs) 22.986
Upper Bollinger Bands 23.512
Lower Bollinger Band 21.847
Percent B (%b) -0.19
BandWidth 7.341
MACD Line 0.217
MACD Signal Line 0.286
MACD Histogram -0.0696
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 22.310
Resistance 3 (R3) 22.260 21.950 22.180
Resistance 2 (R2) 21.950 21.751 21.975 22.137
Resistance 1 (R1) 21.740 21.629 21.845 21.790 22.093
Pivot Point 21.430 21.430 21.483 21.455 21.430
Support 1 (S1) 21.220 21.231 21.325 21.270 20.967
Support 2 (S2) 20.910 21.109 20.935 20.923
Support 3 (S3) 20.700 20.910 20.880
Support 4 (S4) 20.750