|
|
|
|
S&P 500 Overbought StocksArchive - 8/28/2026 - Sign In to see current Signals. |
Adobe Systems (ADBE) Technical Analysis
|
 |
| Summary:
| | Weekly :   | | Daily :  Move cursor over the icon to see details.
| | It was 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 |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| 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 |
|
| 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 |
|
| 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 |
|
|