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Adobe Systems Inc (NASDAQ: ADBE)

COMPUTER SOFTWARE & SERVICES - Application Software
Sector: Information Technology
Stock price data as of 09/22/2023
Closing price: 512.90
Support price level: $498.44
Resistance price level: $546.26
Relative strength index (14-day RSI) 27.2
Beta 2.00
  • With a 79.1 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 2.00% for every 1% increase in the S&P-500.

  • ADBE is one of this week's most volatile stocks in the S&P-100 with an estimated annualized standard deviation of 46.2%.

  • Volatility is forecast to fall over the next month.

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

Low High Price as % of Range
$275.20 $564.88 86.6%
200 day 50 day 20 day 10 day
$417.79 $531.04 $544.45 $537.80
(Annualized standard deviation)
Historical
(5 year)		 Last month Current estimate Next month forecast
40.0% 26.5% 46.2% 42.3%
There is an estimated 5% probability that the stock price of Adobe Systems Inc will fall by more than:
  • 12.6% in the next week.

  • 23.9% in the next month.

  • .% in the next year.