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Stock Trend Analysis Report

Prepared for you on Tuesday, December 10, 2024.

Adobe Inc. (NASDAQ:ADBE)

Crossroads (+60) - ADBE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
547.35 552.83 544.22 545.99 -1.94
Entry Signal

MarketClub’s Trade Triangles for ADBE

long term down The long-term trend has been DOWN since Oct 3rd, 2024 at 500.000

intermediate term up The intermediate-term trend has been UP since Nov 12th, 2024 at 510.655

short term up The short-term trend has been UP since Dec 4th, 2024 at 518.770

Smart Scan Analysis for ADBE

Based on our trend formula, ADBE is rated as a +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
547.35 552.83 544.22 545.99 -1.94
Prev. Close Volume Bid Ask Time
547.93 1839750 2024-12-10 15:43:10
Year High277.61Year High Date2018-09-14
Year Low175.26Year Low Date2018-01-02
52wk High638.2552wk High Date2024-02-02
52wk Low433.9752wk Low Date2024-05-31
Year End Close37.68Average Volume2,766,690
Shares Outstanding440,200Short Interest9,940,077
% Institutional90.2Market Cap134,845M
Assets298,300,000MLiabilities152,850,000M
P/E Ratio46.2779Beta1.17
Volatility51.29
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