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Adobe Systems Inc (NASDAQ: ADBE)

COMPUTER SOFTWARE & SERVICES - Application Software
Sector: Information Technology
Stock price data as of 07/10/2020
Closing price: 466.20
Support price level: $379.74
Resistance price level: N/A
Relative strength index (14-day RSI) 71.7
Beta 0.83
  • 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.

  • With a 51.6 percent return in the past year, this stock outperformed 90 percent of stocks in the S&P-100.

  • ADBE is one of this month's top performers with a return of 20.3 percent, beating 90 percent of stocks in the S&P-100.

  • 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
$261.09 $466.20 100.0%
200 day 50 day 20 day 10 day
$338.33 $398.96 $434.26 $445.59
(Annualized standard deviation)
Historical
(5 year)
Last month Current estimate Next month forecast
30.3% 19.5% 19.8% 27.0%
There is an estimated 5% probability that the stock price of Adobe Systems Inc will fall by more than:
  • 5.4% in the next week.

  • 15.3% in the next month.

  • 79.4% in the next year.