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Archive
- 5/23/2025 -
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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 -9.44 points, or -2.26%, and closed at 407.69 on Friday, May 23, 2025. Weekly volume was -29% below 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 February 2, 2024 at 638.25 and reached 332.00 on April 7, 2025. ADBE lost 306.25 points, or 47.98%, in 61 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Medium-term trend: [See ADBE medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 332.00 and reached 422.95 on May 21, 2025. ADBE gained -90.95 points, or -27.39%, in 6 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 356.35 and resistance is at 426.90. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
 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 9, 2025. 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 downtrend had started on May 21, 2025 at 422.95 and reached 407.15 on May 23, 2025. ADBE lost 15.80 points, or 3.74%, in 2 days. Price is near the trend low.
Daily Technical Indicators: [See ADBE daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The daily MACD line is above its signal line since April 16, 2025. The distance between MACD and the signal line is low and getting smaller.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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