Stock Trend Analysis Report
Prepared for you on Tuesday, July 25, 2017.
ADOBE SYSTEMS (NASDAQ:ADBE)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.
MarketClub’s Trade Triangles for ADBE
The long term trend has been UP since Mar 18th, 2016 at 96.42
The intermediate term trend has been UP since Jun 21st, 2017 at 144.34
The short term trend has been DOWN since Jul 25th, 2017 at 148.35
Smart Scan Analysis for ADBE
Based on a pre-defined weighted trend formula for chart analysis, ADBE scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||150.4||Year High Date||2017-07-21|
|Year Low||102.81||Year Low Date||2017-01-03|
|52wk High||150.4||52wk High Date||2017-07-21|
|52wk Low||95.42||52wk Low Date||2016-08-02|
|Year End Close||37.68||Average Volume||1,916,235|
|Shares Outstanding||498,791||Short Interest||9,940,077|