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Adobe Systems Inc (NASDAQ: ADBE)

COMPUTER SOFTWARE & SERVICES - Application Software
Sector: Information Technology
Stock price data as of 04/19/2024
Closing price: 465.02
Support price level: N/A
Resistance price level: $519.68
Relative strength index (14-day RSI) 21.9
Beta 1.21
  • Volatility is forecast to fall over the next month.

  • ADBE is below its 200-day moving average - additional caution warranted in long positions.

  • With RSI < 30, ADBE is oversold. Odds slightly favor a short-term price reversal.

  • Price broke below prior support level - a short-term bearish signal.

Low High Price as % of Range
$335.45 $634.76 51.2%
200 day 50 day 20 day 10 day
$553.16 $530.93 $488.76 $478.14
(Annualized standard deviation)
Historical
(5 year)		 Last month Current estimate Next month forecast
37.5% 76.2% 31.9% 36.7%
There is an estimated 5% probability that the stock price of Adobe Systems Inc will fall by more than:
  • 8.7% in the next week.

  • 20.8% in the next month.

  • 66.2% in the next year.