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Stock Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
Adobe, Inc (NASDAQ:ADBE)
Countertrend Up (+85) - ADBE is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for ADBE
The long-term trend has been UP since May 26th, 2020 at 386.745
The intermediate-term trend has been UP since Apr 7th, 2020 at 326.990
The short-term trend has been DOWN since May 26th, 2020 at 377.060
Smart Scan Analysis for ADBE
Based on our trend formula, ADBE is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 373.24 | 375.70 | 361.44 | 374.92 | -1.71 |
| Prev. Close | Volume | Bid | Ask | Time |
| 318.39 | 3242711 | 2020-05-27 15:59:54 |
| Year High | 277.61 | Year High Date | 2018-09-14 |
| Year Low | 175.26 | Year Low Date | 2018-01-02 |
| 52wk High | 386.745 | 52wk High Date | 2020-02-20 |
| 52wk Low | 255.1314 | 52wk Low Date | 2020-03-18 |
| Year End Close | 37.68 | Average Volume | 5,735,951 |
| Shares Outstanding | 481,801 | Short Interest | 9,940,077 |
| % Institutional | 90.2 | Market Cap | 134,845M |
| Assets | 212,140,000M | Liabilities | 107,490,000M |
| P/E Ratio | 48.2 | Beta | 1.17 |
| Volatility | 51.29 |