Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Sunday, May 22, 2022.

Adobe Inc. (NASDAQ:ADBE)

Long-Term Downtrend (-90) - ADBE is in a strong downtrend that is likely to continue. While ADBE is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
401.390 406.240 385.621 399.700 +5.320
Entry Signal

MarketClub’s Trade Triangles for ADBE

long term down The long-term trend has been DOWN since Dec 17th, 2021 at 552.14

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2022 at 420.03

short term down The short-term trend has been DOWN since May 19th, 2022 at 393.94

Smart Scan Analysis for ADBE

Based on our trend formula, ADBE is rated as a -90 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
401.390 406.240 385.621 399.700 +5.320
Prev. Close Volume Bid Ask Time
399.090 2841127 2022-05-20 15:59:41
Year High277.61Year High Date2018-09-14
Year Low175.26Year Low Date2018-01-02
52wk High699.5452wk High Date2021-11-22
52wk Low370.2752wk Low Date2022-05-12
Year End Close37.68Average Volume3,129,374
Shares Outstanding472,500Short Interest9,940,077
% Institutional90.2Market Cap134,845M
P/E Ratio39.1638Beta1.17
Get a free daily analysis and signals for Adobe Inc. (ADBE) - Request Your Free Report.