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Stock Trend Analysis Report

Prepared for you on Thursday, October 29, 2020.

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
458.52 464.73 457.28 462.03 +5.06
Entry Signal

MarketClub’s Trade Triangles for ADBE

long term up The long-term trend has been UP since May 26th, 2020 at 386.745

intermediate term down The intermediate-term trend has been DOWN since Oct 26th, 2020 at 477.500

short term down The short-term trend has been DOWN since Oct 15th, 2020 at 499.540

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
458.52 464.73 457.28 462.03 +5.06
Prev. Close Volume Bid Ask Time
497.67 1411345 2020-10-29 15:07:21
Year High277.61Year High Date2018-09-14
Year Low175.26Year Low Date2018-01-02
52wk High536.8852wk High Date2020-09-02
52wk Low255.131452wk Low Date2020-03-18
Year End Close37.68Average Volume3,634,699
Shares Outstanding479,665Short Interest9,940,077
% Institutional90.2Market Cap134,845M
Assets216,030,000MLiabilities107,220,000M
P/E Ratio65.6557Beta1.17
Volatility51.29
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