Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

ADOBE SYSTEMS (NASDAQ:ADBE)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_ADBE
Open High Low ADBE Price Change
248.39 249.22 243.71 245.69 -3.20
Entry Signal

MarketClub’s Trade Triangles for ADBE

long term up The long term trend has been UP since Mar 18th, 2016 at 96.42

intermediate term down The intermediate term trend has been DOWN since Jul 30th, 2018 at 245.85

short term down The short term trend has been DOWN since Aug 15th, 2018 at 251.50

Smart Scan Analysis for ADBE

Based on a pre-defined weighted trend formula for chart analysis, ADBE scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for ADBE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
248.39 249.22 243.71 245.69 -3.20
Prev. Close Volume Bid Ask Time
245.7 2479786 2018-08-17 15:59:58
Year High263.83Year High Date2018-07-26
Year Low175.26Year Low Date2018-01-02
52wk High263.8352wk High Date2018-07-26
52wk Low143.9552wk Low Date2017-09-25
Year End Close37.68Average Volume2,402,297
Shares Outstanding498,791Short Interest9,940,077
% Institutional90.2AssetsM
LiabilitiesMBeta1.17
Volatility24.48
Want to analyze ADOBE SYSTEMS ADBE or another symbol? Try our Free Stock Trend Analysis Report.