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S&P 500 Overbought StocksArchive
- 1/3/2025 -
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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 -16.70 points, or -3.73%, and closed at 430.60 on Friday, January 3, 2025. Weekly volume was 6% above average.
ADBE is a member of Information Technology Sector. Information Technology is the second most overbought sector. 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 February 2, 2024 at 638.25 and reached 425.30 on January 3, 2025. ADBE lost 212.95 points, or 33.36%, in 48 weeks. Price is near the trend low.
Medium-term trend: [See ADBE medium-term trend chart]
A medium-term downtrend had started on December 9, 2024 at 557.76 and reached 425.30 on January 3, 2025. ADBE lost 132.46 points, or 23.75%, in 3 weeks. Price is near the trend low.
 Weekly Technical Indicators: [See ADBE weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. Weekly Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 below its signal line since December 13, 2024. This is an indication that the medium-term trend is down. 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 December 26, 2024 at 452.30 and reached 425.30 on January 3, 2025. ADBE lost 27.00 points, or 5.97%, in 8 days. The price is now at the 19.63% retracement level.
 Daily Technical Indicators: [See ADBE daily technical indicators chart]
Daily Relative Strength Index is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index or strongly oversold daily Williams' Percentage Range. Daily Lane's Stochastic and MACD have bullish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bullish divergence. Use the following link to access Relative Strength Index help.
The daily MACD line is below its signal line since December 11, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
The distance between the Bollinger Bands is 180.41% higher then one year average. It indicates the period of high volatility of the stock price. 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.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Information Technology |
8 |
| Industry |
Application Software |
85 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
452.30 |
| High Date |
12/26/2024 |
| Low |
425.30 |
| Low Date |
01/03/2025 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
557.76 |
| High Date |
12/09/2024 |
| Low |
425.30 |
| Low Date |
01/03/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
587.75 |
| High Date |
09/12/2024 |
| Low |
425.30 |
| Low Date |
01/03/2025 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
638.25 |
| High Date |
02/02/2024 |
| Low |
425.30 |
| Low Date |
01/03/2025 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
15.70 |
| Low Date |
02/27/2009 |
| High |
699.54 |
| High Date |
11/22/2021 |
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