Adobe Systems Inc (NASDAQ: ADBE)
COMPUTER SOFTWARE & SERVICES - Application Software
Information Technology
Stock price data as of
Closing price: $293.25
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Support levelN/A
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Resistance level$309.78
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Beta0.8
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RSI (14-day)23.5
- ADBE is at or near its 52-week low. Though contrarian gains may be possible, the risk of further declines is considerable.
- With a -33.6 percent return in the past year, this stock is among the worst 10 percent of performers in the S&P-100.
- ADBE is one of this month's worst performers with a return of -16.2 percent, underperforming 90 percent of stocks in the S&P-100.
- Volatility is forecast to fall over the next month.
- With RSI < 30, ADBE is oversold. Odds slightly favor a short-term price reversal.
- Price broke below prior support level - a short-term bearish signal.
| 52-week low | 52-week high | Price as % of range |
|---|---|---|
| $290.37 | $464.11 | 2.1% |
| 200 day | 50 day | 20 day | 10 day |
|---|---|---|---|
| $356.29 | $328.00 | $311.31 | $296.81 |
Value at risk (VaR)
There is an estimated 5% probability that the stock price will fall by more than VaR in time period.
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In the next week10.7%
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In the next month21.6%
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In the next year66.1%
| Period | Value |
|---|---|
| Historical (5 year) | 35.4% |
| Last month | 32.3% |
| Current estimate | 39.3% |
| Next month forecast | 38.2% |