|
|
Archive
- 7/24/2026 -
Sign In to see current Signals. |
Adobe Systems (ADBE) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Adobe Systems (ADBE). During the week, the ADBE dropped -12.14 points, or -5.12%, and closed at 225.11 on Friday, July 24, 2026. Weekly volume was -8% below average.
ADBE is a member of Application Software Industry. Application Software is the tenth most oversold industry. 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 190.12 on June 18, 2026. ADBE lost 397.63 points, or 67.65%, in 92 weeks. The price is now at the 8.80% retracement level.
 Medium-term trend: [See ADBE medium-term trend chart]
A medium-term downtrend had started on June 1, 2026 at 275.44 and reached 190.12 on June 18, 2026. ADBE lost 85.32 points, or 30.98%, in 2 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 211.61 and resistance is at 252.70. 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 July 10, 2026. The distance between MACD and the signal line is low, but getting bigger. 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 June 18, 2026 at 190.12 and reached 240.15 on July 17, 2026. ADBE gained -50.03 points, or -26.31%, in 29 days. The chart has formed a Broadening Ascending Wedge chart pattern.
Daily Technical Indicators: [See ADBE daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since June 30, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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 price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish 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.
| |
|
|