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Adobe Systems Inc (NASDAQ: ADBE)

COMPUTER SOFTWARE & SERVICES - Application Software
Sector: Information Technology
Stock price data as of 01/17/2020
Closing price: 349.74
Support price level: $299.17
Resistance price level: N/A
Relative strength index (14-day RSI) 76.0
Beta 1.36
  • ADBE is at or near its 52-week high. Studies have found that such stocks have an increased probability of outperforming the market over the next year.

  • Volatility is forecast to rise over the next month.

  • With RSI > 70, ADBE is overbought. Odds slightly favor a short-term price reversal.

  • Price broke above prior resistance level - a short-term bullish signal.

Low High Price as % of Range
$238.27 $349.74 100.0%
200 day 50 day 20 day 10 day
$291.38 $316.16 $335.69 $341.36
(Annualized standard deviation)
Historical
(5 year)		 Last month Current estimate Next month forecast
26.2% 18.3% 17.3% 22.5%
There is an estimated 5% probability that the stock price of Adobe Systems Inc will fall by more than:
  • 4.7% in the next week.

  • 12.7% in the next month.

  • 58.0% in the next year.