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Application Software Industry Stocks Technical Analysis - ADBEArchive - 7/31/2026 - Sign In to see current Signals. |
Adobe Systems (ADBE) Technical Analysis
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| Summary:
| | | Weekly : | | Daily :    Move cursor over the icon to see details.
| | It was a first positive week for the Adobe Systems (ADBE). During the week, the ADBE gained 25.30 points, or 11.24%, and closed at 250.41 on Friday, July 31, 2026. Weekly volume was 38% above average.
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 price is now at the 13.45% retracement level.
Medium-term trend: [See ADBE medium-term trend chart] A medium-term downtrend had started on September 12, 2024 at 587.75 and reached 190.12 on June 18, 2026. ADBE lost 397.63 points, or 67.65%, in 92 weeks. The price is now at the 15.16% 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. Use the following link to access a MACD help.
Short-term trend: [See ADBE short-term trend chart] A short-term uptrend had started on June 18, 2026 at 190.12 and reached 266.28 on July 29, 2026. ADBE gained -76.16 points, or -40.06%, in 41 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 216.29 and resistance is at 264.63. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See ADBE daily technical indicators chart] Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. 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 June 30, 2026. This is an indication that the short-term trend is up. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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. During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish 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.
Candlestick pattern: [See ADBE candlestick chart pattern] On Friday the chart has formed a Bullish Piercing Line Candlestick pattern. This pattern suggests bulls have begun to take charge of the market, and shorts have been shaken by the sudden lost of bearish momentum. The reliability of the Bullish Piercing Line pattern is moderate. Use the Technical Stock Screener to see the list of stocks that had a Bullish Piercing Line Candlestick pattern during the last week.
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