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Application Software Industry Stocks Technical Analysis - ADBEArchive
- 10/30/2026 -
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Adobe Systems (ADBE) Technical Analysis
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| Summary:
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| | It was the negative week for the Adobe Systems (ADBE). During the week, the ADBE dropped -13.59 points, or -5.15%, and closed at 250.23 on Friday, October 30, 2026. Weekly volume was -23% below average.
ADBE is a member of Information Technology Sector. Information Technology is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See ADBE long-term trend chart]
A long-term downtrend had started on February 2, 2024 at 638.25 and reached 190.12 on June 18, 2026. ADBE lost 448.13 points, or 70.21%, in 123 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 145.91 and resistance is at 411.17. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
 Medium-term trend: [See ADBE medium-term trend chart]
A medium-term uptrend had started on June 18, 2026 at 190.12 and reached 294.53 on September 1, 2026. ADBE gained -104.41 points, or -54.92%, in 10 weeks. The price is now at the 42.43% retracement level.
 Weekly Technical Indicators: [See ADBE weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since July 10, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See ADBE short-term trend chart]
A short-term downtrend had started on September 1, 2026 at 294.53 and reached 224.67 on September 28, 2026. ADBE lost 69.86 points, or 23.72%, in 27 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See ADBE daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The daily MACD line is above its signal line since October 7, 2026. The distance between MACD and the signal line is low and getting smaller.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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