ADOBE INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

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High / Low range:	-

Type:	Stocks
Ticker:	ADBE
ISIN:

ADOBE INC. - 1H - Technical analysis published on 05/17/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bullish

Technical indicators

28%

39%

33%

My opinion

Neutral between 477.62 USD and 489.53 USD

My targets

My analysis

A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 489.53 USD. The first support is located at 477.62 USD. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.

In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

ADOBE INC. rating 482.78 USD. On the day, this instrument lost -0.02% and was traded between 481.52 USD and 485.88 USD over the period. The price is currently at +0.26% from its lowest and -0.64% from its highest.

481.52

485.88

482.78

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by ADOBE INC.:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of ADOBE INC. in 1H shows an overall slightly bullish trend. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 6 are neutral and 7 are bearish. Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

Timeframe : 1 hour

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Bearish harami

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	466.48	472.68	477.62	482.78	482.79	489.53	493.16
Change (%)	-3.38%	-2.09%	-1.07%	-	+0.00%	+1.40%	+2.15%
Change	-16.30	-10.10	-5.16	-	+0.01	+6.75	+10.38
Level	Intermediate	Minor	Intermediate	-	Intermediate	Major	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	475.93	478.66	480.77	483.50	485.61	488.34	490.45
Camarilla	481.55	481.99	482.44	482.88	483.32	483.77	484.21
Woodie	475.62	478.51	480.46	483.35	485.30	488.19	490.14
Fibonacci	478.66	480.51	481.65	483.50	485.35	486.49	488.34

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	459.68	469.99	476.14	486.45	492.60	502.91	509.06
Camarilla	477.76	479.27	480.78	482.29	483.80	485.31	486.82
Woodie	457.60	468.95	474.06	485.41	490.52	501.87	506.98
Fibonacci	469.99	476.28	480.16	486.45	492.74	496.62	502.91

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	403.13	432.70	447.77	477.34	492.41	521.98	537.05
Camarilla	450.55	454.65	458.74	462.83	466.92	471.01	475.11
Woodie	395.87	429.08	440.51	473.72	485.15	518.36	529.79
Fibonacci	432.70	449.76	460.29	477.34	494.40	504.93	521.98

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	48.50
MACD (12,26,9):	0.3400
Directional Movement:	-4.06
AROON (14):	28.57
DEMA (21):	484.02
Parabolic SAR (0,02-0,02-0,2):	480.63
Elder Ray (13):	0.44
Super Trend (3,10):	477.25
Zig ZAG (10):	483.26
VORTEX (21):	1.0900
Stochastique (14,3,5):	45.59
TEMA (21):	484.77
Williams %R (14):	-77.68
Chande Momentum Oscillator (20):	-3.65
Repulse (5,40,3):	-0.1400
ROCnROLL:	-1
TRIX (15,9):	0.0100
Courbe Coppock:	2.08

MA7:	482.24
MA20:	479.26
MA50:	495.07
MA100:	541.88
MAexp7:	484.17
MAexp20:	483.68
MAexp50:	483.53
MAexp100:	482.71
Price / MA7:	+0.11%
Price / MA20:	+0.73%
Price / MA50:	-2.48%
Price / MA100:	-10.91%
Price / MAexp7:	-0.29%
Price / MAexp20:	-0.19%
Price / MAexp50:	-0.16%
Price / MAexp100:	+0.01%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don't forget to follow the news on ADOBE INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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