Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

Adobe Inc. (NASDAQ:ADBE)

Bull Market Weakness (+75) - ADBE is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ADBE as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ADBE?

MarketClub looks at technical strength and momentum to determine if the timing is right for ADBE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ADBE
Open High Low ADBE Price Change
610.65 623.47 607.57 623.08 +12.99
Entry Signal

MarketClub’s Trade Triangles for ADBE

long term down The long-term trend has been DOWN since Oct 1st, 2021 at 573.2358

intermediate term up The intermediate-term trend has been UP since Oct 18th, 2021 at 616.6562

short term up The short-term trend has been UP since Oct 7th, 2021 at 576.8000

Smart Scan Analysis for ADBE

Based on our trend formula, ADBE is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for ADBE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
610.65 623.47 607.57 623.08 +12.99
Prev. Close Volume Bid Ask Time
622.83 1547662 2021-10-18 15:59:50
Year High277.61Year High Date2018-09-14
Year Low175.26Year Low Date2018-01-02
52wk High673.8852wk High Date2021-09-03
52wk Low420.7852wk Low Date2021-03-08
Year End Close37.68Average Volume2,849,852
Shares Outstanding475,800Short Interest9,940,077
% Institutional90.2Market Cap134,845M
Assets261,440,000MLiabilities117,300,000M
P/E Ratio50.5041Beta1.17
Volatility51.29
Get a free daily analysis and signals for Adobe Inc. (ADBE) - Request Your Free Report.