Technical Analysis for ADBE - Adobe Systems Incorporated

Grade Last Price % Change Price Change
A 374.96 1.62% 5.96
ADBE closed up 1.62 percent on Friday, March 24, 2023, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
NR7 Range Contraction 0.00%
Upper Bollinger Band Walk Strength 0.00%
Overbought Stochastic Strength 0.00%
Calm After Storm Range Contraction 1.62%
Upper Bollinger Band Walk Strength 1.62%
Inside Day Range Contraction 1.62%
Gapped Up Strength 1.62%
Overbought Stochastic Strength 1.62%
Upper Bollinger Band Touch Strength 1.62%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Rose Above Previous Day's High about 9 hours ago
60 Minute Opening Range Breakout about 9 hours ago
Possible NR7 about 11 hours ago
Possible Inside Day about 11 hours ago
Up 1% about 14 hours ago

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Adobe Systems Incorporated Description

Adobe Systems Incorporated operates as a diversified software company worldwide. The company operates in three segments: Digital Media, Digital Marketing, and Print and Publishing. The Digital Media segment provides tools and solutions that enable individuals, small businesses, and enterprises to create, publish, promote, and monetize their digital content anywhere. Its flagship product includes Adobe Creative Cloud, which is an ongoing membership service that lets customers to download and install the latest version of the company's Adobe Creative Suite desktop products and other creative software. This segment serves traditional content creators, Web application developers, and digital media professionals, as well as their management in marketing departments and agencies, companies, and publishers. The Digital Marketing segment provides solutions and services for how digital advertising and marketing are created, managed, executed, measured, and optimized. This segment provides analytics, social, targeting, media optimization, and experience management solutions through its Adobe Marketing Cloud, which helps to manage and optimize online, offline, digital, and multi-channel business initiatives. Its customers include digital marketers, advertisers, publishers, merchandisers, Web analysts, chief marketing officers, and chief revenue officers. The Print and Publishing segment provides products and services that address diverse market opportunities, including eLearning solutions, technical document publishing, Web application development, and high-end printing. It offers Adobe PostScript and Adobe PDF printing technologies; and licenses its technology to original equipment manufacturers (OEMs). The company distributes its products through a network of distributors, value-added resellers, systems integrators, independent software vendors, retailers, and OEMs. Adobe Systems Incorporated was founded in 1982 and is headquartered in San Jose, California.


Sector: Technology
Industry: Software - Application
Keywords: S&P 500 Nasdaq 100 Software Digital Media Systems Integrator Digital Marketing Printing Work From Home Application Software Web Application Software Vendors Digital Advertising Content Management Systems Application Developers Experience Management Solutions Pdf Printing Technologies Web Application Development

Is ADBE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength


Indicator Value
52 Week High 473.49
52 Week Low 274.78
Average Volume 3,142,093
200-Day Moving Average 352.88
50-Day Moving Average 355.59
20-Day Moving Average 344.90
10-Day Moving Average 354.54
Average True Range 11.01
RSI 61.98
ADX 20.85
+DI 30.37
-DI 16.81
Chandelier Exit (Long, 3 ATRs) 344.30
Chandelier Exit (Short, 3 ATRs) 351.62
Upper Bollinger Bands 378.71
Lower Bollinger Band 311.08
Percent B (%b) 0.94
BandWidth 19.61
MACD Line 4.78
MACD Signal Line 0.09
MACD Histogram 4.6895
Fundamentals Value
Market Cap 179.88 Billion
Num Shares 480 Million
EPS 7.94
Price-to-Earnings (P/E) Ratio 47.22
Price-to-Sales 18.66
Price-to-Book 19.54
PEG Ratio 2.28
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 385.91
Resistance 3 (R3) 384.78 380.01 384.09
Resistance 2 (R2) 380.01 377.22 380.57 383.48
Resistance 1 (R1) 377.48 375.50 378.75 378.61 382.87
Pivot Point 372.71 372.71 373.34 373.27 372.71
Support 1 (S1) 370.18 369.92 371.45 371.31 367.05
Support 2 (S2) 365.41 368.20 365.97 366.44
Support 3 (S3) 362.88 365.41 365.84
Support 4 (S4) 364.01