Trading Signals: ADBE Stock Price Prediction and Forecast

^ ADBE: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Mon. Oct. 2, 2023

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

(Adobe)
ADBE latest price $518.2800 (1.66%) ($518.2800 - $518.2800) on Mon. Oct. 2, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.81% (three month average)
RSI   40
Latest Price   $518.2800(1.66%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ADBE advances 0.3% a day on average for past five trading days.
Weekly Trend   ADBE declines -3.1% a week on average for past two weeks.
Market Behavior   Rotation from value to growth for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support ADBE advance at 0% a week (0% probability)
QQQ(69%)    XLK(68%)    IWF(67%)    VUG(67%)    IVW(64%)
Factors Impacting ADBE price   ADBE will decline at least -0.905% in a week (0% probabilities).
VXX(-39%)    VIXM(-39%)    USO(-25%)    GLD(-22%)    UUP(-21%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.905% (StdDev 1.81%)
Hourly BBV 1.3 ()
Intraday Trend 0%

Resistance Level   $532.32
5 Day Moving Average   $508.13(2%)
10 Day Moving Average   $515.01(0.63%)
20 Day Moving Average   $532.32(-2.64%)
To recent high   -8.3%
To recent low   7.5%
Market Cap   $248.774b

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 4.16% (three month std-dev: 1.81%) daily (68% of days).

Sample size 36 Average positive next day return: 1.2%(44%) Average negative next day return: -1.32%(56%) Sample size 36 Average positive next three day return: 2.52%(36%) Average negative next three day return: -3.23%(64%) Sample size 36 Average positive next weekly return: 2.75%(39%) Average negative next weekly return: -3.28%(61%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231102

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	Oct_2_2023	493.96	532.32	515.01	508.13	509.11	515.14	518.28(1.66%)	N/A	N/A	0	0.5	191	90	254	0	1.69	58%	0.39	-46.4	1.81%	1.3	-0.6	40	-1.1
2	Sep_29_2023	492.06	534.47	516.15	506.77	505.86	507.99	509.81(1.16%)	N/A	N/A	0	0.1	85	20	137	-72	1.86	58%	0.35	-39.8	1.8%	0.8	-1.1	28	-1.3
3	Sep_28_2023	490.32	536.98	517.77	507.42	505.74	503.08	503.97(0.35%)	DP	OpenShort	-75	-0.2	-87	-50	-60	-168	2.09	58%	0.34	-30.6	1.8%	0	-1.5	29	-0.9
4	Sep_27_2023	488.67	539.18	522.58	509.37	508.01	503.74	502.2(-0.82%)	DT	OpenShort	-75	-0.3	-199	-70	-192	-220	2.61	58%	0.34	-27.9	1.8%	-0.9	-1.8	27	-1.6
5	Sep_26_2023	487.03	541.32	527.66	516.12	510.87	508.4	506.37(-1.01%)	DT	OpenShort	-75	-0.5	-242	-60	-247	-225	2.37	58%	0.35	-16.4	1.82%	-1.4	-1.8	28	-3

6	Sep_25_2023	485.35	542.78	531.27	522.93	518.52	512.28	511.52(-0.29%)	DT	OpenShort	-75	-0.7	-163	-110	-157	-181	1.42	58%	0.35	-5.3	1.82%	-1.2	-1.8	28	-1.5
7	Sep_22_2023	483.67	543.66	536.46	526.94	525.75	513.34	513.03(-0.14%)	DT	OpenShort	-75	-0.8	-363	-170	-396	-264	1.82	58%	0.38	5.2	1.82%	-0.8	-1.8	30	-1
8	Sep_21_2023	481.85	543.97	541.13	529.54	530.38	524.77	513.75(-4.14%)	DT	OpenShort	-75	-0.9	-395	-70	-435	-273	3.84	58%	0.36	10.1	1.82%	-1.5	-1.8	33	-0.9
9	Sep_20_2023	480.11	545.13	546	537.56	533.48	538.15	535.93(-0.83%)	DT	OpenShort	-75	-0.1	-37	40	-23	-78	2.59	63%	0.36	31	1.75%	0.5	-0.6	49	-0
10	Sep_19_2023	478.39	544.47	548.59	541.05	537.96	535.99	540.42(1.66%)	UT	OpenLong	75	-0	114	-40	148	13	1.77	63%	0.36	36.2	1.76%	2.1	-0.2	52	0.9

11	Sep_18_2023	476.67	543.68	551.03	541.18	541.21	528.81	531.57(1.05%)	DP	OpenShort	-75	-0.6	-320	-160	-368	-174	1.92	63%	0.33	35.4	1.77%	-0.5	-0.7	55	1
12	Sep_15_2023	475.08	542.77	554.26	547.68	543.58	539.93	526.05(-5.01%)	DT	OpenShort	-75	-1.2	-474	-70	-562	-208	6.67	65%	0.34	43	1.77%	-1.5	-0.9	56	1
13	Sep_14_2023	473.49	542.3	557.91	554.25	553.17	553.61	553.81(0.07%)	UT	OpenLong	75	-0	159	-0	166	137	2.96	73%	0.42	50.3	1.67%	0.8	0.6	74	1.5
14	Sep_13_2023	471.51	540.39	557.17	555.67	554.4	547.23	553.4(2.28%)	N/A	N/A	0	-0.1	-150	-100	-201	4	2.86	73%	0.4	51.5	1.68%	-0.2	0.6	60	1.3
15	Sep_12_2023	469.62	538.61	556.11	557.41	556.28	552.74	541.07(-4.08%)	DT	OpenShort	-75	-0.8	-283	-50	-364	-38	3.12	75%	0.36	53.1	1.66%	-2.2	0.1	62	1

16	Sep_11_2023	467.93	537.7	555.44	562.26	561.14	561.56	564.09(0.93%)	UT	OpenLong	75	0.1	75	-0	49	153	1.58	82%	0.41	58.2	1.68%	1.3	1.3	70	1.3
17	Sep_8_2023	466	534.89	551.57	561.94	561.36	559.81	558.89(-0.36%)	N/A	N/A	0	-0.1	-1	-20	-43	125	1.74	85%	0.4	54.6	1.72%	-0.7	1.2	74	1.3
18	Sep_7_2023	464.15	532.69	547.19	562.09	562.31	560.72	560.92(-0.21%)	N/A	N/A	0	-0.1	-9	-20	-51	119	1.41	79%	0.41	54.9	1.82%	-0.4	1.4	72	1.2
19	Sep_6_2023	462.27	530.24	544.29	558.81	562.14	562.91	562.1(-0.56%)	UD	OpenLong	75	0.2	74	30	46	156	2.3	79%	0.41	49	1.88%	-0.6	1.7	70	1.4
20	Sep_5_2023	460.37	528.03	539.97	554.53	558.13	563.9	565.29(0.49%)	UT	OpenLong	75	0.6	197	90	194	205	1.82	79%	0.6	38.9	1.88%	1.1	2.1	70	1.7

21	Sep_1_2023	457.63	525.97	535.49	547.46	551.06	561.37	562.51(0.52%)	UT	OpenLong	75	1	359	150	391	262	1.78	79%	0.41	27.7	1.88%	0.9	2.4	66	2.3
22	Aug_31_2023	455.75	523.96	529.99	539.64	542.53	552.37	559.63(2.78%)	UT	OpenLong	75	1.6	424	140	475	271	2.13	79%	0.43	15.1	1.88%	1.7	2.9	70	2.3
23	Aug_30_2023	453.81	521.93	525	530.17	533.32	540.76	544.51(0.7%)	UT	OpenLong	75	1.5	311	120	352	189	1.34	78%	0.39	-3.8	1.86%	1.2	2.3	61	2.2
24	Aug_29_2023	452.04	521.04	521.83	527.73	525.22	532.7	540.73(2.04%)	UT	OpenLong	75	1.3	190	90	211	126	2.16	78%	0.37	-3.5	1.86%	1.5	1.9	61	1.7
25	Aug_28_2023	450.36	521.25	519.26	523.34	524.04	525.89	529.94(1.25%)	UT	OpenLong	75	0.6	227	30	260	129	1.68	77%		-4.3	1.87%	1.4	0.8	54	1.5
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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