ADOBE INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	ADBE
ISIN:

ADOBE INC. - 1H - Technical analysis published on 12/23/2024 (GMT)

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

44%

17%

39%

My opinion

Bearish under 456.80 USD

My targets

439.02 USD (-1.66%)

409.94 USD (-8.17%)

My analysis

The bearish basic trend is very strong on ADOBE INC. but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 456.80 USD. Crossing the first support at 439.02 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 409.94 USD as an objective. Crossing it would then enable sellers to target 392.23 USD. Caution, a return to above the resistance located at 456.80 USD would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

4.1

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 446.42 USD. The price is lower by -0.17% since the last closing and was between 445.11 USD and 451.43 USD. This implies that the price is at +0.29% from its lowest and at -1.11% from its highest.

445.11

451.43

446.42

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this ADOBE INC. chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, only 8 technical indicators out of 18 studied are currently positioned bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	320.54	392.23	439.02	446.42	456.80	477.65	509.24
Change (%)	-28.20%	-12.14%	-1.66%	-	+2.33%	+7.00%	+14.07%
Change	-125.88	-54.19	-7.40	-	+10.38	+31.23	+62.82
Level	Minor	Minor	Major	-	Minor	Minor	Major

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	417.00	424.74	435.95	443.69	454.90	462.64	473.85
Camarilla	441.96	443.70	445.43	447.17	448.91	450.64	452.38
Woodie	418.75	425.61	437.70	444.56	456.65	463.51	475.60
Fibonacci	424.74	431.98	436.45	443.69	450.93	455.40	462.64

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	387.40	409.94	428.55	451.09	469.70	492.24	510.85
Camarilla	435.85	439.63	443.40	447.17	450.94	454.71	458.49
Woodie	385.45	408.96	426.60	450.11	467.75	491.26	508.90
Fibonacci	409.94	425.66	435.37	451.09	466.81	476.52	492.24

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	415.81	445.43	480.68	510.30	545.55	575.17	610.42
Camarilla	498.09	504.04	509.98	515.93	521.88	527.82	533.77
Woodie	418.63	446.84	483.50	511.71	548.37	576.58	613.24
Fibonacci	445.43	470.21	485.52	510.30	535.08	550.39	575.17

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	41.11
MACD (12,26,9):	-3.7600
Directional Movement:	-10.10
AROON (14):	50.00
DEMA (21):	441.49
Parabolic SAR (0,02-0,02-0,2):	437.45
Elder Ray (13):	0
Super Trend (3,10):	450.37
Zig ZAG (10):	445.32
VORTEX (21):	0.9200
Stochastique (14,3,5):	74.15
TEMA (21):	446.45
Williams %R (14):	-32.75
Chande Momentum Oscillator (20):	1.90
Repulse (5,40,3):	-0.9200
ROCnROLL:	2
TRIX (15,9):	-0.1700
Courbe Coppock:	0.33

MA7:	450.50
MA20:	500.35
MA50:	499.11
MA100:	517.71
MAexp7:	446.26
MAexp20:	447.79
MAexp50:	462.46
MAexp100:	480.92
Price / MA7:	-0.91%
Price / MA20:	-10.78%
Price / MA50:	-10.56%
Price / MA100:	-13.77%
Price / MAexp7:	+0.04%
Price / MAexp20:	-0.31%
Price / MAexp50:	-3.47%
Price / MAexp100:	-7.17%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on ADOBE INC. at the time of the generation of this analysis was as follows:

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

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