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Downtrend Broken Resist.Archive
- 10/3/2025 -
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Adobe Systems (ADBE) Technical Analysis
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| Summary:
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| | It was the negative week for the Adobe Systems (ADBE). During the week, the ADBE dropped -13.63 points, or -3.78%, and closed at 346.74 on Friday, October 3, 2025. It was the worst weekly loss since August 1, 2025. Weekly volume was 22% 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 330.04 on August 12, 2025. ADBE lost 257.71 points, or 43.85%, in 47 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (161.06) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See ADBE medium-term trend chart]
A medium-term uptrend had started on August 12, 2025 at 330.04 and reached 370.86 on September 18, 2025. ADBE gained -40.82 points, or -12.37%, in 5 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (347.41) 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 technical indicators are neutral.
The weekly MACD line is above its signal line since August 22, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 September 18, 2025 at 370.86 and reached 340.05 on October 1, 2025. ADBE lost 30.81 points, or 8.31%, in 13 days. Price is near the Fibonacci 23.6% 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.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
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.
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.
 Candlestick pattern: [See ADBE candlestick chart pattern]
On Friday the chart has formed a Bearish Dark Cloud Cover Candlestick pattern. Bearish Dark Cloud Cover pattern is a trend reversal indicator which signifies the end of an uptrend and the start of a downtrend. The reliability of the Bearish Dark Cloud Cover pattern is considered a highly reliable pattern of market reversalUse the Technical Stock Screener to see the list of stocks that had a Bearish Dark Cloud Cover Candlestick pattern during the last week.
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