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(ADBE) Adobe Inc complete technical analysis [charts+indicators] | Buy/Sell Adobe Inc | (ADBE) share price targets

Complete technical analysis of Adobe Inc (ADBE) by charts plus indicators, forecast predictions and share price targets for Adobe Inc (ADBE)

Adobe Inc trades in USA in Technology sector.

Showing technical analysis as on 2024-08-23 View latest technical analysis

10 day averaged volume of Adobe Inc is 1623403

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	558.30	565.45	566.52	552.50	1.245 times
22 Thu Aug 2024	557.44	567.07	572.00	555.65	1.003 times
21 Wed Aug 2024	565.79	562.13	566.60	557.91	0.863 times
20 Tue Aug 2024	562.25	564.48	568.18	559.61	0.75 times
19 Mon Aug 2024	559.24	550.59	560.35	550.59	0.349 times
16 Fri Aug 2024	553.46	552.35	554.76	547.80	0.949 times
15 Thu Aug 2024	554.16	545.19	557.22	545.01	1.344 times
14 Wed Aug 2024	539.79	536.62	542.92	533.20	1.18 times
13 Tue Aug 2024	535.22	530.93	537.72	527.90	1.887 times
12 Mon Aug 2024	530.93	536.04	538.08	525.77	0.893 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 557.5, but if it comes below 557.5, then a intra day sell could be more profitable.
If you take a sell trade below 557.5, then use 557.5 as stoploss and 540.99 as target. However if you take a buy trade in stock , then use 557.5 as stoploss and 577.2 as target.

Share price targets for Adobe Inc (ADBE)

Target Type	Value
Downside Target	433.97
Downside Target	462.28
Downside Target	496.76
Downside Target	519.68
Downside Target	550.59
Downside Target	557.22
Upside Target	558.48
Upside Target	560.19
Upside Target	561.98
Upside Target	572.00
Upside Target	580.55

Intraday share price targets for Adobe Inc (ADBE)

Target Type	Value
Downside Intraday Target	548.59
Downside Intraday Target	538.89
Upside Intraday Target	570
Upside Intraday Target	581.71
Upside Intraday Target	560.3

Weekly technical analysis of Adobe Inc (ADBE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	558.30	550.59	572.00	550.59	0.673 times
16 Fri Aug 2024	553.46	536.04	557.22	525.77	0.969 times
09 Fri Aug 2024	536.30	504.23	537.28	500.00	0.98 times
02 Fri Aug 2024	526.17	544.30	561.98	519.68	0.924 times
26 Fri Jul 2024	542.44	558.65	560.19	527.59	1.104 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Adobe Inc (ADBE)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	558.30	549.99	572.00	500.00	0.609 times
31 Wed Jul 2024	551.65	551.37	580.55	527.59	0.55 times
28 Fri Jun 2024	555.54	447.58	558.48	436.58	1.616 times
31 Fri May 2024	444.76	461.12	496.76	433.97	0.917 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Adobe Inc (ADBE)

Price action analysis of Adobe Inc ( (ADBE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Adobe Inc ( (ADBE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Adobe Inc ( (ADBE) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Adobe Inc ( (ADBE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Adobe Inc stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Adobe Inc in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Adobe Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Adobe Inc in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Adobe Inc is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 549.59 and Adobe Inc (ADBE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Adobe Inc (ADBE) stock. Volume based technical analysis of Adobe Inc (ADBE) stock is negative.

Adobe Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.