Adobe Systems Incorporated Stock Technical Analysis

ADBE Stock  USD 492.80  6.62  1.36%   
As of the 6th of May, Adobe Systems shows the Risk Adjusted Performance of (0.08), mean deviation of 1.52, and Standard Deviation of 2.48. Adobe Systems technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed thirteen technical drivers for Adobe Systems Incorporated, which can be compared to its peers. Please confirm Adobe Systems treynor ratio, as well as the relationship between the value at risk and skewness to decide if Adobe Systems is priced correctly, providing market reflects its regular price of 492.8 per share. Given that Adobe Systems has information ratio of (0.17), we suggest you to validate Adobe Systems Incorporated's prevailing market performance to make sure the company can sustain itself at a future point.

Adobe Systems Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Adobe, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Adobe
  
Adobe Systems' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Adobe Systems Analyst Consensus

Target PriceAdvice# of Analysts
569.7Strong Buy37Odds
Adobe Systems Incorporated current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Adobe analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Adobe stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Adobe Systems, talking to its executives and customers, or listening to Adobe conference calls.
Adobe Analyst Advice Details
Adobe Systems technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Adobe Systems technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Adobe Systems trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Adobe Systems Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Adobe Systems volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Adobe Systems Trend Analysis

Use this graph to draw trend lines for Adobe Systems Incorporated. You can use it to identify possible trend reversals for Adobe Systems as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Adobe Systems price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Adobe Systems Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Adobe Systems Incorporated applied against its price change over selected period. The best fit line has a slop of   2.3  , which may suggest that Adobe Systems Incorporated market price will keep on failing further. It has 122 observation points and a regression sum of squares at 199610.73, which is the sum of squared deviations for the predicted Adobe Systems price change compared to its average price change.

About Adobe Systems Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Adobe Systems Incorporated on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Adobe Systems Incorporated based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Adobe Systems price pattern first instead of the macroeconomic environment surrounding Adobe Systems. By analyzing Adobe Systems's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Adobe Systems's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Adobe Systems specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2011 2023 2024 (projected)
Dividend Yield0.001570.0018050.001715
Price To Sales Ratio12.1413.6314.31

Adobe Systems May 6, 2024 Technical Indicators

Most technical analysis of Adobe help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Adobe from various momentum indicators to cycle indicators. When you analyze Adobe charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Adobe Systems is a strong investment it is important to analyze Adobe Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Adobe Systems' future performance. For an informed investment choice regarding Adobe Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adobe Systems Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Adobe Systems information on this page should be used as a complementary analysis to other Adobe Systems' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Complementary Tools for Adobe Stock analysis

When running Adobe Systems' price analysis, check to measure Adobe Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Adobe Systems is operating at the current time. Most of Adobe Systems' value examination focuses on studying past and present price action to predict the probability of Adobe Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adobe Systems' price. Additionally, you may evaluate how the addition of Adobe Systems to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Is Adobe Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Adobe Systems. If investors know Adobe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Adobe Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Earnings Share
10.45
Revenue Per Share
43.762
Quarterly Revenue Growth
0.113
Return On Assets
0.1572
The market value of Adobe Systems is measured differently than its book value, which is the value of Adobe that is recorded on the company's balance sheet. Investors also form their own opinion of Adobe Systems' value that differs from its market value or its book value, called intrinsic value, which is Adobe Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Adobe Systems' market value can be influenced by many factors that don't directly affect Adobe Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Adobe Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adobe Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adobe Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.