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Adobe Systems Inc (NASDAQ: ADBE)

COMPUTER SOFTWARE & SERVICES - Application Software
Sector: Information Technology
Stock price data as of 12/06/2024
Closing price: 552.96
Support price level: $527.28
Resistance price level: N/A
Relative strength index (14-day RSI) 80.7
Beta 0.92
  • ADBE is one of this month's top performers with a return of 10.4 percent, beating 90 percent of stocks in the S&P-100.

  • Up 7.2 percent, ADBE is one of this week's biggest gainers.

  • Volatility is forecast to rise over the next month.

  • ADBE is above its 200-day moving average, providing a measure of support for long positions.

  • 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
$439.02 $634.76 62.6%
200 day 50 day 20 day 10 day
$516.32 $504.23 $517.02 $524.59
(Annualized standard deviation)
Historical
(5 year)		 Last month Current estimate Next month forecast
38.2% 28.7% 28.7% 34.0%
There is an estimated 5% probability that the stock price of Adobe Systems Inc will fall by more than:
  • 7.8% in the next week.

  • 19.2% in the next month.

  • 66.6% in the next year.