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Uptrend ExhaustionArchive
- 6/5/2026 -
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Adobe Systems (ADBE) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Adobe Systems (ADBE). During the week, the ADBE dropped -7.77 points, or -3.00%, and closed at 251.44 on Friday, June 5, 2026. It was the worst weekly loss since April 10, 2026. Weekly volume was 25% above average.
ADBE is a member of Information Technology Sector. Information Technology is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See ADBE long-term trend chart]
A long-term downtrend had started on September 12, 2024 at 587.75 and reached 224.13 on April 10, 2026. ADBE lost 363.62 points, or 61.87%, in 82 weeks. The price is now at the 7.51% retracement level.
 Medium-term trend: [See ADBE medium-term trend chart]
A medium-term uptrend had started on April 10, 2026 at 224.13 and reached 275.44 on June 1, 2026. ADBE gained -51.31 points, or -22.89%, in 7 weeks. The price is now at the 46.77% retracement level.
 Weekly Technical Indicators: [See ADBE weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since May 1, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See ADBE short-term trend chart]
A short-term uptrend had started on May 28, 2026 at 236.66 and reached 275.44 on June 1, 2026. ADBE gained -38.78 points, or -16.39%, in 4 days. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See ADBE daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since May 28, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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