The Greedy Trader Weekly Analysis
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- 8/28/2026 -
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Adobe Systems (ADBE) Technical Analysis

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Summary:
Weekly :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtPrice is near the Fibonacci 23.6% retracement level
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtThe price is above the upper Bollinger Band
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It was a second consecutive positive week for the Adobe Systems (ADBE). During the week, the ADBE gained 16.22 points, or 5.89%, and closed at 291.52 on Friday, August 28, 2026. Weekly volume was -22% below 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 190.12 on June 18, 2026. ADBE lost 397.63 points, or 67.65%, in 92 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 June 18, 2026 at 190.12 and reached 294.09 on August 28, 2026. ADBE gained -103.97 points, or -54.69%, in 10 weeks. Price is near the trend high.

Weekly Technical Indicators: [See ADBE weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought 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.

The weekly MACD line is above its signal line since July 10, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 July 23, 2026 at 210.88 and reached 294.09 on August 28, 2026. ADBE gained -83.21 points, or -39.46%, in 36 days. The chart has formed a Rising Wedge chart pattern.

Daily Technical Indicators: [See ADBE daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic.

The daily MACD line is above its signal line since August 26, 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.

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.79
Williams' Percentage Range (W%R) 12.10
Overbought
Lane's Stochastic (%D-Slow) 87.96
Overbought
Greed/Fear Indicator (GFI) 78.89
Moving Average Converg./Diverg. (MACD) 10.25
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.60
Williams' Percentage Range (W%R) 5.60
Strong Overbought
Lane's Stochastic (%D-Slow) 86.46
Overbought
Greed/Fear Indicator (GFI) 78.61
Moving Average Converg./Diverg. (MACD) -15.90
Trading Signals
Description Value Chart
Price 291.52
Daily Stochastic Crossing 290.00
Upper Bollinger Band 287.61
Weekly Stochastic Crossing 286.27
20 Day Moving Average 268.25
Parabolic System 265.52
Lower Bollinger Band 246.38
50 Day Moving Average 240.18
Sector and Industry
Description Name Rank
Sector Information Technology 7
Industry Application Software 66
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Low 210.88
Low Date 07/23/2026
High 294.09
High Date 08/28/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 190.12
Low Date 06/18/2026
High 294.09
High Date 08/28/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 587.75
High Date 09/12/2024
Low 190.12
Low Date 06/18/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 638.25
High Date 02/02/2024
Low 190.12
Low Date 06/18/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 699.54
High Date 11/22/2021
Low 190.12
Low Date 06/18/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.