Adobe Inc (ADBE.CA) Technical Analysis
TSX:ADBE
Current stock price
ADBE.CA Technical Rating and Analysis
Taking everything into account, ADBE scores 3 out of 10 in our technical rating. ADBE performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, ADBE is a bad performer in the overall market: 100% of all stocks are doing better.
- ADBE is one of the lesser performing stocks in the Software industry. 88% of 69 stocks in the same industry do better.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- In the last month ADBE has a been trading in the 8.65 - 9.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
ADBE.CA Weekly and Daily overview Charts
ADBE.CA Setup Rating and Analysis
Although the technical rating is bad, ADBE does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 9.75. Right above this resistance zone may be a good entry point.
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ADBE.CA Support and Resistance Analysis
9.10
We found 1 important support area.
- A support zone ranging from 9.19 to 9.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.75 to 9.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
ADBE.CA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ADBE.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ADBE.CA is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ADBE.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADBE.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ADBE.CA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 48.71 | NEUTRAL | The RSI value for ADBE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ADBE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.15 | NEUTRAL | The Stochastics value for ADBE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for ADBE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.71 | POSITIVE | The high ADX value value for ADBE.CA suggests a strong trend. |
ADBE.CA Chart- and CandleStick Pattern Analysis
ADBE.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:ADBE (4/24/2026, 7:00:00 PM)
9.45
+0.23 (+2.49%)
Adobe Inc / ADBE.CA TA FAQ
What is the ChartMill technical rating of Adobe Inc (ADBE.CA) stock?
ChartMill assigns a technical rating of 3 / 10 to ADBE.CA.
What is the current trend direction of Adobe Inc (ADBE.CA) stock?
The current trend direction for Adobe Inc (ADBE.CA) is Bullish.
What is the RSI signal for Adobe Inc (ADBE.CA) stock?
Adobe Inc (ADBE.CA) has an RSI value of 48.7069. This indicates that the stock is currently neutral.
What is the short term momentum for ADBE stock?
The short term momentum for Adobe Inc (ADBE.CA) is neutral.
Can you provide the support and resistance levels for Adobe Inc?
Adobe Inc (ADBE.CA) has a support level at 9.45 and a resistance level at 9.75. Check the full technical report for our detailed analysis of ADBE.CA support and resistance levels.