(ADBE) Adobe Inc complete technical analysis [charts+indicators] | Buy/Sell Adobe Inc | (ADBE) share price targets
Complete technical analysis of Adobe Inc (ADBE) by charts plus indicators, forecast predictions and share price targets for Adobe Inc (ADBE)
Adobe Inc trades in USA in Technology sector.
Showing technical analysis as on 2024-05-06 View latest technical analysis
10 day averaged volume of Adobe Inc is 2587600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 493.59 | 490.10 | 495.44 | 488.00 | 0.813 times |
| 03 Fri May 2024 | 486.18 | 482.27 | 487.49 | 477.57 | 1.095 times |
| 02 Thu May 2024 | 476.57 | 474.30 | 477.16 | 468.30 | 0.972 times |
| 01 Wed May 2024 | 469.39 | 461.12 | 477.76 | 460.36 | 0.962 times |
| 30 Tue Apr 2024 | 462.83 | 472.00 | 475.42 | 462.46 | 1.245 times |
| 29 Mon Apr 2024 | 473.07 | 478.04 | 481.68 | 471.07 | 1.142 times |
| 26 Fri Apr 2024 | 477.56 | 472.31 | 482.79 | 471.69 | 0.951 times |
| 25 Thu Apr 2024 | 473.44 | 468.41 | 474.50 | 465.78 | 0.87 times |
| 24 Wed Apr 2024 | 477.12 | 472.94 | 478.57 | 471.73 | 0.904 times |
| 23 Tue Apr 2024 | 472.90 | 469.72 | 474.81 | 467.83 | 0.852 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 494.6, for a target of 484.6 or 476.33
Share price targets for Adobe Inc (ADBE)
| Target Type | Value |
| Downside Target | 460.36 |
| Downside Target | 481.02 |
| Downside Target | 493.31 |
| Upside Target | 495.44 |
| Upside Target | 506.92 |
| Upside Target | 528.01 |
| Upside Target | 563.34 |
| Upside Target | 585.35 |
| Upside Target | 636.25 |
| Upside Target | 638.25 |
Intraday share price targets for Adobe Inc (ADBE)
| Target Type | Value |
| Downside Intraday Target | 489.25 |
| Downside Intraday Target | 484.9 |
| Upside Intraday Target | 496.69 |
| Upside Intraday Target | 499.78 |
| Downside Intraday Target | 492.34 |
Weekly technical analysis of Adobe Inc (ADBE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 493.59 | 490.10 | 495.44 | 488.00 | 0.15 times |
| 03 Fri May 2024 | 486.18 | 478.04 | 487.49 | 460.36 | 1.182 times |
| 26 Fri Apr 2024 | 477.56 | 470.21 | 482.79 | 462.28 | 0.864 times |
| 19 Fri Apr 2024 | 465.02 | 477.02 | 481.02 | 463.09 | 0.803 times |
| 12 Fri Apr 2024 | 474.09 | 484.78 | 493.31 | 468.60 | 1.059 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Adobe Inc (ADBE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 493.59 | 461.12 | 495.44 | 460.36 | 0.153 times |
| 30 Tue Apr 2024 | 462.83 | 504.99 | 506.92 | 462.28 | 0.663 times |
| 28 Thu Mar 2024 | 504.60 | 561.11 | 585.35 | 485.00 | 1.376 times |
| 29 Thu Feb 2024 | 560.28 | 619.00 | 638.25 | 528.01 | 1.254 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Adobe Inc (ADBE)
Price action analysis of Adobe Inc ( (ADBE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Adobe Inc ( (ADBE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Adobe Inc ( (ADBE) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Adobe Inc ( (ADBE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Adobe Inc stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Adobe Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Adobe Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Adobe Inc in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Adobe Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 475.75 and Adobe Inc (ADBE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Adobe Inc (ADBE) stock. Volume based technical analysis of Adobe Inc (ADBE) stock is negative.
Adobe Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Adobe Inc ( (ADBE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Adobe Inc ( (ADBE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Adobe Inc ( (ADBE) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Adobe Inc ( (ADBE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Adobe Inc stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Adobe Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Adobe Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Adobe Inc in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Adobe Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 475.75 and Adobe Inc (ADBE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Adobe Inc (ADBE) stock. Volume based technical analysis of Adobe Inc (ADBE) stock is negative.
Adobe Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.