| ADBE latest price $290.8600 (1.23%) ($0.0000 - $0.0000) on Thu. Nov. 7, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.61% (three month average) |
RSI | 78 |
Latest Price | $290.8600(1.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADBE advances 0.9% a day on average for past five trading days. |
Weekly Trend | ADBE advances 3.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal 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 -0.805% in a week (0% probabilities). VIXM(-48%) VXX(-22%) TLT(-6%) UUP(-4%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.805% (StdDev 1.61%) |
Hourly BBV | 0 () |