US stock / ETF

Adobe Inc.

ADBE · NASDAQ · USD

1 monthBearish92%
Monthly Downside probability 92%Bearish

ADBE 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $311.8 and stabilize above resistance $638.25.

Invalidation Trigger

Break above $638.25 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 38.1, MACD -2.010

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $47.75 (20.09%)

Monthly

EMA Structure

Bearish
EMA 8$257.78Bearish
EMA 21$311.8Bearish
EMA 50$376.15Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.1 · MACD -2.010

Momentum is weak

Strength
Bearish
Volatility
ATR $47.75 · BB 79.05%

High volatility

Strength
Bearish
Volume
MFI 36.9 · OBV -444.43%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$190.12 - $638.25

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+188.61% · 9.4 ATR above latest close

$686
Nearest resistance

+168.52% · 8.4 ATR above · 34-bar high

$638.25
Current price

Price shown is delayed

$237.69
Nearest support

-20.01% · 1.0 ATR below · 34-bar low

$190.12
Deeper support zone

-40.1% · 2.0 ATR below latest close

$142.37
ATR zone

Latest close ± ATR14

$189.94 - $285.44

Indicators

Trend

Dow Theory Structure

Confirmation $190.12, invalidation $557.9

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

52.9 / 9.1 / 25.7Bearish
Supertrend (10,3)

Price is above Supertrend

$87.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$316.84 / $414.19Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Volatility

ATR (14)

High volatility

$47.75 (20.09%)Bearish
Bollinger Bands (20,2)

Width 79.05%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$411.12 / $204.92Bearish
ATR channel lower / upper

Current Volatility Envelope

$189.94 / $285.44Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$638.25Range
Support

Nearest Downside Decision Level

$190.12Range

Momentum

RSI (14)

Momentum is weak

38.1Bearish
MACD (12,26,9)

Histogram is negative

-2.010Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.3 / 34.4Bearish
Williams %R (14)

Neutral zone

-73.7Range
CCI (20)

Balanced zone

-85.6Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

36.9Bearish
OBV slope

20-period OBV slope

-444.43%Bearish
Volume ratio

Relative to 20-period average volume

0.10xBearish

Trend

Dow Theory Structure

Confirmation $190.12, invalidation $557.9

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

52.9 / 9.1 / 25.7Bearish
Supertrend (10,3)

Price is above Supertrend

$87.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$316.84 / $414.19Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Momentum

RSI (14)

Momentum is weak

38.1Bearish
MACD (12,26,9)

Histogram is negative

-2.010Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.3 / 34.4Bearish
Williams %R (14)

Neutral zone

-73.7Range
CCI (20)

Balanced zone

-85.6Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$47.75 (20.09%)Bearish
Bollinger Bands (20,2)

Width 79.05%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$411.12 / $204.92Bearish
ATR channel lower / upper

Current Volatility Envelope

$189.94 / $285.44Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

36.9Bearish
OBV slope

20-period OBV slope

-444.43%Bearish
Volume ratio

Relative to 20-period average volume

0.10xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$638.25Range
Support

Nearest Downside Decision Level

$190.12Range

Related Forecasts