Trading Signals: ADBE Stock Price Prediction and Forecast

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Tue. Aug. 1, 2023

Trading Signals: ADBE Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)

(Adobe)
ADBE latest price $550.2800 (0.78%) ($550.2800 - $550.2800) on Tue. Aug. 1, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.27% (three month average)
RSI   70
Latest Price   $550.2800(0.78%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ADBE advances 1% a day on average for past five trading days.
Weekly Trend   ADBE advances 1.2% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Growth stock sell-off for small cap.
Correlated ETFs   Broad market will support ADBE advance at 0% a week (0% probability)
XLK(75%)    QQQ(74%)    IWF(73%)    VUG(73%)    IVW(68%)
Factors Impacting ADBE price   ADBE will decline at least -1.135% in a week (0% probabilities).
VXX(-48%)    VIXM(-46%)    UUP(-19%)    USO(-14%)    TBT(-13%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.135% (StdDev 2.27%)
Hourly BBV 1 ()
Intraday Trend 0%

5 Day Moving Average   $530.73(3.68%)
10 Day Moving Average   $526.94(4.43%)
20 Day Moving Average   $516.63(6.51%)
To recent high   0%
To recent low   64.7%
Market Cap   $264.134b

Adobe, Inc. engages in the provision of digital marketing and media solutions. It operates through the following segments: Digital Media, Digital Experience, and Publishing. The Digital Media segment offers creative cloud services, which allow members to download and install the latest versions of products, such as Adobe Photoshop, Adobe Illustrator, Adobe Premiere Pro, Adobe Photoshop Light room and Adobe InDesign, as well as utilize other tools, such as Adobe Acrobat. The Digital Experience segment provides solutions, including analytics, social marketing, targeting, media optimization, digital experience management, and cross-channel campaign management, as well as premium video delivery and monetization. The Publishing segment includes legacy products and services for eLearning solutions, technical document publishing, web application development, and high-end printing. The company was founded by Charles M. Geschke and John E. Warnock in December 1982 and is headquartered in San Jose, CA.

$. ADBE price fluctuates within 3.47% (three month std-dev: 2.27%) daily (68% of days).

Sample size 50 Average positive next day return: 1.25%(36%) Average negative next day return: -0.98%(64%) Sample size 50 Average positive next three day return: 2.66%(46%) Average negative next three day return: -1.88%(54%) Sample size 50 Average positive next weekly return: 2.57%(54%) Average negative next weekly return: -2.54%(46%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230901

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Aug_1_2023	421.58	516.63	526.94	530.73	534.63	548.15	550.28(0.78%)	UT	OpenLong	75	1.1	313	200	359	175	1.86	81%	0.56	63.4	2.27%	1	1.9	70	1.2
2	Jul_31_2023	419.25	513.33	524.97	525.7	526.08	537.38	546.01(3.27%)	UT	OpenLong	75	1.2	373	150	430	203	3.3	81%	0.53	60	2.29%	1.3	1.9	69	1.5
3	Jul_28_2023	417.02	510.41	522.25	521.1	520.92	521.11	528.74(2.83%)	UT	OpenLong	75	0.5	145	0	161	96	1.99	80%	0.47	57.9	2.27%	1.8	1.1	69	1.3
4	Jul_27_2023	415.07	508.2	520.78	519.38	519.48	514.79	514.21(-0.03%)	DT	OpenShort	-75	-0.3	-120	-60	-153	-20	2.28	80%	0.42	56.2	2.26%	-1.3	0.4	69	0.5
5	Jul_26_2023	413.33	506.72	521.18	519.74	521.09	520.72	514.39(-2.05%)	CR	SmallShort	-20	-0.3	-53	0	-80	27	2.33	80%	0.43	55.9	2.27%	-1.5	0.4	70	1.9

6	Jul_25_2023	411.58	505.5	520.67	522.22	521.07	524.18	525.17(0.41%)	UT	OpenLong	75	0.2	65	40	53	99	1.85	78%	0.45	60.5	2.27%	1.6	1.1	72	1.2
7	Jul_24_2023	409.74	503.23	518.83	524.02	521.39	521.46	523(0.55%)	UT	OpenLong	75	-0.1	58	-10	40	110	1.75	78%	0.46	59.5	2.3%	0.9	1.1	72	1.6
8	Jul_21_2023	407.88	501.25	516.11	523.62	524.19	517.97	520.12(0.79%)	N/A	N/A	0	-0.2	-39	-80	-75	68	8.1	78%	0.48	58.4	2.3%	-0.7	1.1	68	1.1
9	Jul_20_2023	405.95	499.17	512.91	522.4	524.46	521.33	516.03(-2.04%)	CR	SmallShort	-20	-0.4	-138	-30	-191	21	2.52	78%	0.49	57.7	2.3%	-1.6	1	69	1.4
10	Jul_19_2023	403.98	497.32	509.75	522.59	523.96	530.41	526.77(-1.39%)	UD	OpenLong	75	0.2	117	90	107	145	2.9	78%	0.52	58.4	2.28%	0.3	1.7	77	1.5

11	Jul_18_2023	401.88	495.2	505.84	518.65	521.06	527.59	534.19(2.54%)	UT	OpenLong	75	1	296	100	321	220	3.12	78%	0.55	59.7	2.27%	2.5	2.5	75	1.9
12	Jul_17_2023	399.68	493.02	500.79	513	514.28	517.51	520.98(1.35%)	UT	OpenLong	75	0.6	127	50	126	131	1.96	77%	0.52	74.3	2.25%	1.1	2.1	75	1.4
13	Jul_14_2023	397.61	491.35	497.43	507.59	510.52	514.54	514.03(-0.57%)	UD	OpenLong	75	0.6	148	70	154	130	1.85	77%	0.43	94	2.26%	0	2	68	1.2
14	Jul_13_2023	395.89	489.45	494.37	501.91	505.49	511.06	516.99(1.95%)	UT	OpenLong	75	1.5	195	100	213	141	3.05	77%	0.44	118.4	2.25%	1.7	2.7	73	1
15	Jul_12_2023	394.15	487.46	490.78	494.91	498.07	506.51	507.08(0.23%)	UT	OpenLong	75	1.5	211	140	237	132	2.31	77%	0.42	150.6	2.25%	1.3	2.4	69	1.1

16	Jul_11_2023	392.49	485.92	488.81	491.05	491.83	499.92	505.94(2.44%)	UT	OpenLong	75	2.2	258	120	295	145	2.28	77%	0.3	192.2	2.26%	1.8	2.9	60	-0.3
17	Jul_10_2023	391.31	483.37	486.05	486.9	487.3	489.64	493.91(1.7%)	UT	OpenLong	75	1.3	138	40	160	71	2.69	77%	0.37	245.9	2.26%	1.1	2	47	-0.5
18	Jul_7_2023	389.87	480.84	484.97	485.91	485.21	483.74	485.63(0.76%)	DP	OpenShort	-75	-0	-27	-30	-32	-12	2.32	77%	0.32	162.2	2.26%	0.6	0.6	46	-0.3
19	Jul_6_2023	388.63	477.78	484.32	485.63	485.68	484.95	481.99(-1.19%)	DT	OpenShort	-75	-0.3	-38	-10	-45	-18	1.55	77%	0.29	107.3	2.28%	-0.5	0.3	54	-0.6
20	Jul_5_2023	387.52	475.58	484.1	485.79	486.22	486.68	487.79(0.53%)	UT	OpenLong	75	0.1	14	10	16	7	1.68	77%	0.33	76.5	2.27%	0.5	0.7	56	0.9

21	Jul_3_2023	386.24	473.12	483.93	486.1	485.4	486.42	485.21(-0.76%)	UD	OpenLong	75	-0	12	10	12	11	1.47	77%	0.31	71.1	2.26%	0	0.6	56	1.2
22	Jun_30_2023	385.06	470.76	484.81	484.95	485.74	485.77	488.91(0.96%)	UT	OpenLong	75	0.2	56	10	59	47	3.07	77%	0.3	76	2.24%	1.1	0.8	71	1
23	Jun_29_2023	383.9	467.78	484.9	483.96	483.77	484.39	484.27(0.31%)	N/A	N/A	0	0	-11	10	-27	36	1.41	77%	0.29	83.6	2.24%	-0.5	0.7	74	1
24	Jun_28_2023	382.8	464.74	484.29	482.82	483.72	485.72	482.77(-1.34%)	UD	OpenLong	75	-0	85	30	78	106	2.09	77%	0.27	87.4	2.25%	-0.7	0.7	80	1.2
25	Jun_27_2023	381.78	461.71	484	482.06	482.24	483.15	489.33(2.05%)	UT	OpenLong	75	0.3	75	10	59	122	2.68	77%		92.5	2.24%	2	1	72	1.1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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