US stock / ETF

Adobe Inc.

ADBE · NASDAQ · USD

4 hoursRange47%
4h Range probability 94%Range

ADBE 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Break either side of $211.5 - $266.28 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateRange
Momentum mixed

RSI 55.9, MACD -0.651

4h
Volatility EnvironmentRange
Medium volatility

ATR is $5.63 (2.24%)

4h

EMA Structure

Bullish
EMA 8$251.64Bearish
EMA 21$247.82Bullish
EMA 50$239.46Bullish

Signals

CategoryReadStrength
Momentum
RSI 55.9 · MACD -0.651

Momentum is strong

Strength
Range
Volatility
ATR $5.63 · BB 10.02%

Medium volatility

Strength
Range
Volume
MFI 41.3 · OBV -6.07%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$211.5 - $266.28

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+8.19% · 3.7 ATR above latest close

$271.91
Nearest resistance

+5.94% · 2.7 ATR above · 34-bar high

$266.28
Current price

Price shown is delayed

$251.34
Nearest support

-15.85% · 7.1 ATR below · 34-bar low

$211.5
Deeper support zone

-18.09% · 8.1 ATR below latest close

$205.87
ATR zone

Latest close ± ATR14

$245.71 - $256.97

Indicators

Trend

Dow Theory Structure

Confirmation $241.23, invalidation $259.67

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

Trend strength is active

33.6 / 19.9 / 28.5Bearish
Supertrend (10,3)

Price is above Supertrend

$237.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$247.12 / $238.89Bullish
Donchian Channel (20)

20-period breakout channel position

46%Bullish

Volatility

ATR (14)

Medium volatility

$5.63 (2.24%)Range
Bollinger Bands (20,2)

Width 10.02%

50%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$257.5 / $238.83Range
ATR channel lower / upper

Current Volatility Envelope

$245.71 / $256.97Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$266.28Range
Support

Nearest Downside Decision Level

$211.5Range

Momentum

RSI (14)

Momentum is strong

55.9Bullish
MACD (12,26,9)

Histogram is negative

-0.651Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

40.4 / 45.4Bearish
Williams %R (14)

Neutral zone

-59.6Range
CCI (20)

Balanced zone

3.7Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

41.3Bearish
OBV slope

20-period OBV slope

-6.07%Bearish
Volume ratio

Relative to 20-period average volume

0.99xRange

Trend

Dow Theory Structure

Confirmation $241.23, invalidation $259.67

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

Trend strength is active

33.6 / 19.9 / 28.5Bearish
Supertrend (10,3)

Price is above Supertrend

$237.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$247.12 / $238.89Bullish
Donchian Channel (20)

20-period breakout channel position

46%Bullish

Momentum

RSI (14)

Momentum is strong

55.9Bullish
MACD (12,26,9)

Histogram is negative

-0.651Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

40.4 / 45.4Bearish
Williams %R (14)

Neutral zone

-59.6Range
CCI (20)

Balanced zone

3.7Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

Medium volatility

$5.63 (2.24%)Range
Bollinger Bands (20,2)

Width 10.02%

50%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$257.5 / $238.83Range
ATR channel lower / upper

Current Volatility Envelope

$245.71 / $256.97Range

Volume / Money Flow

MFI (14)

Money flow is weak

41.3Bearish
OBV slope

20-period OBV slope

-6.07%Bearish
Volume ratio

Relative to 20-period average volume

0.99xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$266.28Range
Support

Nearest Downside Decision Level

$211.5Range

Related Forecasts