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Adobe Systems Inc (NASDAQ: ADBE)

COMPUTER SOFTWARE & SERVICES - Application Software
Sector: Information Technology
Stock price data as of 12/01/2023
Closing price: 612.47
Support price level: $563.52
Resistance price level: N/A
Relative strength index (14-day RSI) 60.0
Beta 1.77
  • 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 77.6 percent return in the past year, this stock outperformed 90 percent of stocks in the S&P-100.

  • The price of this high-beta stock is expected to increase by 1.77% for every 1% increase in the S&P-500.

  • Volatility is forecast to rise over the next month.

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

Low High Price as % of Range
$320.54 $623.32 97.4%
200 day 50 day 20 day 10 day
$468.90 $558.49 $600.78 $614.90
(Annualized standard deviation)
Historical
(5 year)		 Last month Current estimate Next month forecast
37.4% 32.5% 24.1% 33.2%
There is an estimated 5% probability that the stock price of Adobe Systems Inc will fall by more than:
  • 6.6% in the next week.

  • 18.8% in the next month.

  • 62.1% in the next year.