Tag Archives: adobe inc

$ADBE Adobe Inc Stock Robo Analyst November 21 2019 #ADBE

Adobe Inc Stock Chart

Adobe Inc (ADBE) “On a long-term technical basis, the stock (ADBE) is trading above its 200-day moving average which implies it is in a positive trend. However, the stock has recently broken through an important trendline at 313.04 suggesting the next support level is at 293.57. This weakness suggests the long-term trend is turning neutral.

The stock has support at 293.57 and 276.78. If the stock breaks down through support at 293.57 then it will probably continue lower to 276.78. The stock will meet resistance at 313.04 and 366.51. If the stock breaks up through resistance at 313.04 then it will probably continue higher to 366.51. The 200-day moving average is at 279.44. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (95.09), so look for a possible pullback soon. Confirm this with the Short-Term and Daily Opinion to keep from exiting prematurely.”

Adobe Inc Stock Chart

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$ADBE Adobe Inc Stock Robo Analyst November 15 2019 #ADBE

Adobe Inc Stock Chart

Adobe Inc (ADBE) “On a long-term technical basis, the stock (ADBE) is trading above its 200-day moving average which implies it is in a positive trend. However, the stock has recently broken through an important trendline at 311.14 suggesting the next support level is at 293.57. This weakness suggests the long-term trend is turning neutral.

The stock has support at 293.57 and 278.48. If the stock breaks down through support at 293.57 then it will probably continue lower to 278.48. The stock will meet resistance at 311.14 and 366.51. If the stock breaks up through resistance at 311.14 then it will probably continue higher to 366.51. The 200-day moving average is at 278.48. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (93.20).”

Adobe Inc Stock Chart

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$ADBE Adobe Inc Stock Robo Analyst November 13 2019 #ADBE

Adobe Inc Stock Chart

Adobe Inc (ADBE) “On a long-term technical basis, the stock (BA) is trading below its 200-day moving average which implies it is in a negative trend.

The stock has support at 350.61 and 324.40. If the stock breaks down through support at 350.61 then it will probably continue lower to 324.40. The stock has resistance at 363.23 and 382.48. If the stock breaks up through resistance at 363.23 then it will probably continue higher to 382.48. The 200-day moving average is at 368.99. This will also act as resistance. The stock’s long-term uptrend has changed into a sideways or downtrend. In this case, the stock will either go sideways for a while or sell-off back to where it started prior to the latest big upmove. This is a risky time for the stock, so be careful. Use caution during times like these, as the stock will be more volatile. Pay close attention to the Short-Term and Daily Opinion. The stock is slightly overbought according to the Stochastic Indicator (69.70).”

Adobe Inc Stock Chart

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$ADBE Adobe Inc Stock Robo Analyst November 7 2019 #ADBE

Adobe Inc Stock Chart

Adobe Inc (ADBE) “On a long-term technical basis, the stock (ADBE) is trading above its 200-day moving average which implies it is in a positive trend. However, the stock has broken through an important trendline at 288.56 suggesting the next level of support is 285.90. The long-term uptrend has now turned neutral.

The stock has support at 285.90 and 268.83. If the stock breaks down through support at 285.90 then it will probably continue lower to 268.83. The stock will meet resistance at 288.56 and 308.30. If the stock breaks up through resistance at 288.56 then it will probably continue higher to 308.30. The 200-day moving average is at 276.98. This will also act as support. If the stock closes below 268.83 a negative trend change is probable. Look for the stock to fall to the level where it started prior to the latest big upmove. The stock is extremely overbought according to the Stochastic Indicator (77.93).”

Adobe Inc Stock Chart

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$ADBE Adobe Inc Stock Robo Analyst November 5 2019 #ADBE

Adobe Inc Stock Chart

Adobe Inc (ADBE) “On a long-term technical basis, the stock (ADBE) is trading above its 200-day moving average which implies it is in a positive trend. However, the stock has broken through an important trendline at 287.80 suggesting the next level of support is 276.91. The long-term uptrend has now turned neutral.

The stock has support at 276.91 and 259.57. If the stock breaks down through support at 276.91 then it will probably continue lower to 259.57. The stock will meet resistance at 280.86 and 307.35. If the stock breaks up through resistance at 280.86 then it will probably continue higher to 307.35. The 200-day moving average is at 276.55. This will also act as support. If the stock closes below 268.24 a negative trend change is probable. Look for the stock to fall to the level where it started prior to the latest big upmove. The stock is slightly overbought according to the Stochastic Indicator (70.09).”

Adobe Inc Stock Chart

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$ADBE Adobe Inc Stock Robo Analyst November 1 2019 #ADBE

Adobe Inc Stock Chart

Adobe Inc (ADBE) “On a long-term technical basis, the stock (ADBE) is trading above its 200-day moving average which implies it is in a positive trend. However, the stock has broken through an important trendline at 287.41 suggesting the next level of support is 277.00. The long-term uptrend has now turned neutral.

The stock has support at 277.00 and 259.57. If the stock breaks down through support at 277.00 then it will probably continue lower to 259.57. The stock will meet resistance at 280.86 and 306.87. If the stock breaks up through resistance at 280.86 then it will probably continue higher to 306.87. The 200-day moving average is at 276.38. This will also act as support. If the stock closes below 267.95 a negative trend change is probable. Look for the stock to fall to the level where it started prior to the latest big upmove. The stock is slightly overbought according to the Stochastic Indicator (65.25).”

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$ADBE Adobe Inc Stock Robo Analyst October 25 2019 #ADBE

Adobe Inc Stock Chart

Adobe Inc (ADBE) “On a long-term technical basis, the stock (ADBE) is trading below its 200-day moving average which implies it is in a negative trend. However, the stock has broken through an important trendline at 285.49 suggesting the next level of support is 267.22. The long-term uptrend has now turned neutral.

The stock has support at 267.22. The stock will meet resistance at 275.47 and 289.59. If the stock breaks up through resistance at 275.47 then it will probably continue higher to 289.59. The 200-day moving average is at 275.47. This will also act as resistance. If the stock closes below 266.49 a negative trend change is probable. Look for the stock to fall to the level where it started prior to the latest big upmove. The stock is slightly oversold according to the Stochastic Indicator (29.44).”

Adobe Inc Stock Chart

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$ADBE Adobe Inc Stock Robo Analyst October 23 2019 #ADBE

Adobe Inc Stock Chart

Adobe Inc (ADBE) “On a long-term technical basis, the stock (ADBE) is trading below its 200-day moving average which implies it is in a negative trend.

The stock has support at 257.46 and 230.81. If the stock breaks down through support at 257.46 then it will probably continue lower to 230.81. The stock has resistance at 263.85 and 278.79. If the stock breaks up through resistance at 263.85 then it will probably continue higher to 278.79. The 200-day moving average is at 275.11. This will also act as resistance. The stock’s long-term uptrend has changed into a sideways or downtrend. In this case, the stock will either go sideways for a while or sell-off back to where it started prior to the latest big upmove. This is a risky time for the stock, so be careful. Use caution during times like these, as the stock will be more volatile. Pay close attention to the Short-Term and Daily Opinion. The stock is extremely oversold according to the Stochastic Indicator (22.05).”

Adobe Inc Stock Chart

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$ADBE Adobe Inc Stock Robo Analyst October 20 2019 #ADBE

Adobe Inc Stock Chart

Adobe Inc (ADBE) “On a long-term technical basis, the stock (ADBE) is trading below its 200-day moving average which implies it is in a negative trend. However, the stock has broken through an important trendline at 283.58 suggesting the next level of support is 265.06. The long-term uptrend has now turned neutral.

The stock has support at 265.06. The stock will meet resistance at 267.22 and 280.86. If the stock breaks up through resistance at 267.22 then it will probably continue higher to 280.86. The 200-day moving average is at 274.52. This will also act as resistance. If the stock closes below 265.02 a negative trend change is probable. Look for the stock to fall to the level where it started prior to the latest big upmove. The stock is neutral according to the Stochastic Indicator (41.92).”

Adobe Inc Stock Chart

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$ADBE Adobe Inc Stock Robo Analyst October 15 2019 #ADBE

Adobe Inc Stock Chart

Adobe Inc (ADBE) “On a long-term technical basis, the stock (ADBE) is trading above its 200-day moving average which implies it is in a positive trend. However, the stock has broken through an important trendline at 282.43 suggesting the next level of support is 276.78. The long-term uptrend has now turned neutral.

The stock has support at 276.78 and 257.46. If the stock breaks down through support at 276.78 then it will probably continue lower to 257.46. The stock will meet resistance at 280.86 and 300.71. If the stock breaks up through resistance at 280.86 then it will probably continue higher to 300.71. The 200-day moving average is at 273.85. This will also act as support. If the stock closes below 264.14 a negative trend change is probable. Look for the stock to fall to the level where it started prior to the latest big upmove. The stock is neutral according to the Stochastic Indicator (56.49).”

Adobe Inc Stock Chart

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