| ADBE latest price $293.1000 (1.51%) ($0.0000 - $0.0000) on Tue. Aug. 13, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.76% (three month average) |
RSI | 36 |
Latest Price | $293.1000(1.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADBE advances 0.5% a day on average for past five trading days. |
Weekly Trend | ADBE declines -2.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ADBE advance at 0% a week (0% probability) VUG(74%) XLK(74%) IVW(73%) IWF(73%) QQQ(72%) |
Factors Impacting ADBE price | ADBE will decline at least -0.88% in a week (0% probabilities). VIXM(-49%) VXX(-22%) IFRA(-11%) TLT(-7%) UUP(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.88% (StdDev 1.76%) |
Hourly BBV | 0 () |