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Downtrend ExhaustionArchive
- 8/8/2025 -
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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 -6.75 points, or -1.94%, and closed at 341.05 on Friday, August 8, 2025. Weekly volume was 27% above average.
 Long-term trend: [See ADBE long-term trend chart]
A long-term downtrend had started on September 12, 2024 at 587.75 and reached 332.00 on April 7, 2025. ADBE lost 255.75 points, or 43.51%, in 29 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 214.13 and resistance is at 361.65. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
 Medium-term trend: [See ADBE medium-term trend chart]
A medium-term downtrend had started on May 21, 2025 at 422.95 and reached 332.65 on August 7, 2025. ADBE lost 90.30 points, or 21.35%, in 11 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend support (340.31) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.
 Weekly Technical Indicators: [See ADBE weekly technical indicators chart]
Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. 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 links to access Lane's Stochastic and Williams' Percentage Range help.
During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. 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 July 29, 2025 at 376.16 and reached 332.65 on August 7, 2025. ADBE lost 43.51 points, or 11.57%, in 9 days. The price is now at the 19.31% retracement level.
 Daily Technical Indicators: [See ADBE daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic.
The daily MACD line is below its signal line since July 31, 2025. This is an indication that the short-term trend is down.
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