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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.
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MarketClub’s Trade Triangles for ADBE
The long-term trend has been DOWN since Oct 1st, 2021 at 573.2358
The intermediate-term trend has been UP since Oct 18th, 2021 at 616.6562
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).
| 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 High | 277.61 | Year High Date | 2018-09-14 |
| Year Low | 175.26 | Year Low Date | 2018-01-02 |
| 52wk High | 673.88 | 52wk High Date | 2021-09-03 |
| 52wk Low | 420.78 | 52wk Low Date | 2021-03-08 |
| Year End Close | 37.68 | Average Volume | 2,849,852 |
| Shares Outstanding | 475,800 | Short Interest | 9,940,077 |
| % Institutional | 90.2 | Market Cap | 134,845M |
| Assets | 261,440,000M | Liabilities | 117,300,000M |
| P/E Ratio | 50.5041 | Beta | 1.17 |
| Volatility | 51.29 |