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Adobe Systems Inc (NASDAQ: ADBE)

COMPUTER SOFTWARE & SERVICES - Application Software
Sector: Information Technology
Stock price data as of 01/21/2022
Closing price: 499.91
Support price level: N/A
Resistance price level: $579.61
Relative strength index (14-day RSI) 23.0
Beta 0.99
  • 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
$421.20 $688.37 34.9%
200 day 50 day 20 day 10 day
$588.13 $598.77 $537.37 $517.70
(Annualized standard deviation)
Historical
(5 year)		 Last month Current estimate Next month forecast
31.7% 65.7% 34.3% 33.0%
There is an estimated 5% probability that the stock price of Adobe Systems Inc will fall by more than:
  • 9.3% in the next week.

  • 18.7% in the next month.

  • 64.1% in the next year.