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|
- 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|
|200 day||50 day||20 day||10 day|
|Last month||Current estimate||Next month forecast|
- 6.6% in the next week.
- 18.8% in the next month.
- 62.1% in the next year.