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Stock Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

Adobe Inc. (NASDAQ:ADBE)

Strong Uptrend (+100) - ADBE is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ADBE continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

Open High Low ADBE Price Change
376.5200 380.3500 369.6800 373.9325 -1.0275
Entry Signal

MarketClub’s Trade Triangles for ADBE

long term up The long-term trend has been UP since Jan 20th, 2023 at 355.67

intermediate term up The intermediate-term trend has been UP since Mar 16th, 2023 at 353.80

short term up The short-term trend has been UP since Mar 16th, 2023 at 335.17

Smart Scan Analysis for ADBE

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

Smart Scan Analysis for ADBE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
376.5200 380.3500 369.6800 373.9325 -1.0275
Prev. Close Volume Bid Ask Time
374.9600 2033961 2023-03-27 15:40:47
Year High277.61Year High Date2018-09-14
Year Low175.26Year Low Date2018-01-02
52wk High473.4952wk High Date2022-04-04
52wk Low274.7352wk Low Date2022-09-27
Year End Close37.68Average Volume3,835,028
Shares Outstanding457,800Short Interest9,940,077
% Institutional90.2Market Cap134,845M
P/E Ratio37.1247Beta1.17
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