Is Adobe Inc. ($ADBE) Set To Blow Up? (2019-10-15)

REPORTING FOR 2019-10-15 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how ADBE has been trading over the last 2 weeks and the past day especially. On its latest session, Adobe Inc. ($ADBE) opened at 278.11, reaching a high of 279.415 and a low of 277.15 before closing at a price of 277.78. There was a total volume of 1294206.

VOLUME INDICATORS FOR ADOBE INC. ($ADBE): We saw an accumulation-distribution index of 1106.78168, an on-balance volume of 278.29, chaikin money flow of 2.47126 and a force index of 12.208. There was an ease of movement rating of -0.01102, a volume-price trend of -6.95559 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR ADOBE INC. ($ADBE): We noted an average true range of 4.34722, bolinger bands of 278.06882, an upper bollinger band of 276.71118, lower bollinger band of 277.15, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 278.225, high band keltner channel of 276.92, low band keltner channel of 279.53, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 277.15, a donchian channel low band of 277.15, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR ADOBE INC. ($ADBE): We calculated a Moving Average Convergence Divergence (MACD) of 0.01077, a MACD signal of 0.00598, a MACD difference of 0.00479, a fast Exponential Moving Average (EMA) indicator of 277.15, a slow Exponential Moving Average (EMA) indicator of 277.15, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.43144, a trix of -2.20976, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 7.04909, a KST Oscillator (KST) of -24.80335 and a KST Oscillator (KST Signal) of -24.80335 (leaving a KST difference of 0.42224). We also found an Ichimoku rating of 278.7625, an Ichimoku B rating of 278.7625, a Ichimoku visual trend A of 288.63297, an Ichimoku visual trend B of 286.41546, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR ADOBE INC. ($ADBE): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 50.12346, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -47.34444, a stochastic oscillator of 173.56322, a stochastic oscillator signal of 173.56322, a Williams %R rating of 73.56322 and an awesome oscillator of -0.39108.

RETURNS FOR ADOBE INC. ($ADBE): There was a daily return of -2.48033, a daily log return of 0.17304 and a cumulative return of 0.17319.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-15 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Adobe Inc. ($ADBE)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Adobe Inc. ($ADBE) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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