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|
- 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|
|200 day||50 day||20 day||10 day|
|Last month||Current estimate||Next month forecast|
- 4.7% in the next week.
- 12.7% in the next month.
- 58.0% in the next year.