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Apr 12, 2023
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Adobe (ADBE, $374.59 ) inflation continues to rise. Online product prices up 10.3% in March.

Adobe (ADBE, $374.59 ) inflation continues to rise. Online product prices up 10.3% in March.

The trend of rising online grocery prices continued in March, with costs up by 10.3 percent from the previous year, according to the Adobe Digital Price Index. Although online grocery prices have eased over the past six months, they are still above historical averages, with Adobe projecting that they will continue to grow more slowly in 2023 compared to the previous year. The Labor Department's Consumer Price Index also predicts that food prices will increase by 7.5 percent in 2023, with eggs expected to see the largest surge in prices at an estimated rise of 29.6 percent.

Despite persistent inflation, customers are still buying groceries online, with spending rising by 10.8 percent to $86.8 billion last year. Coresight Research reports that online grocery sales are continuing to grow, though at a slower pace, and that grocery inflation has boosted foot traffic at discount grocery stores and large retailers like Walmart, Kroger, and Costco. While fresh fruit and vegetable prices are projected to continue growing, prices for beef, veal, and pork are expected to fall in 2023.

Today, we are anticipating data on inflation in the U.S. The consumer price index for March is expected to increase by 0.2%, slightly lower than the previous value of 0.4%. However, if the actual data turns out to be worse than expected, we may see an increase in market volatility and a possible decline in prices. It's worth keeping an eye on the data release to stay informed about the current economic situation.

 

Related Ticker: ADBE

Contributor

Harry Richardson — Algorithmic Trader & Strategy Developer Harry is an algorithmic trader specializing in impulse and breakout trading strategies across cryptocurrency and equity markets. With more than 10 years of experience in developing automated trading systems, he focuses on building structured algorithms designed to capture momentum while maintaining strict risk control. His approach combines quantitative analysis, real-market execution, and continuous performance monitoring. Vitalii prioritizes risk management, drawdown control, and strategy stability over short-term optimization, ensuring algorithms are adaptable to changing market conditions. He has developed and tested hundreds of automated strategies, working extensively with live trading environments, forward testing, and portfolio-level algorithm management. His work centers on transforming trading ideas into fully operational, scalable automated systems.


ADBE in downward trend: price may decline as a result of having broken its higher Bollinger Band on October 22, 2026

ADBE broke above its upper Bollinger Band on October 22, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 36 similar instances where the stock broke above the upper band. In 28 of the 36 cases the stock fell afterwards. This puts the odds of success at 78%.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for ADBE moved out of overbought territory on October 23, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 38 similar instances where the indicator moved out of overbought territory. In 29 of the 38 cases, the stock moved lower in the following days. This puts the odds of a move lower at 76%.

ADBE moved below its 50-day moving average on October 27, 2026 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ADBE declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 71%.

Bullish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Momentum Indicator moved above the 0 level on October 30, 2026. You may want to consider a long position or call options on ADBE as a result. In 60 of 85 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 71%.

The Moving Average Convergence Divergence (MACD) for ADBE just turned positive on October 08, 2026. Looking at past instances where ADBE's MACD turned positive, the stock continued to rise in 20 of 42 cases over the following month. The odds of a continued upward trend are 48%.

The 10-day moving average for ADBE crossed bullishly above the 50-day moving average on October 30, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 11 of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 61%.

Following a +4.70% 3-day Advance, the price is estimated to grow further. Considering data from situations where ADBE advanced for three days, in 192 of 312 cases, the price rose further within the following month. The odds of a continued upward trend are 62%.

The Aroon Indicator entered an Uptrend today. In 98 of 204 cases where ADBE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 48%.

Fundamental Analysis (Ratings)

The Tickeron SMR rating for this company is 19 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Price Growth Rating for this company is 56 (best 1 - 100 worst), indicating steady price growth. ADBE’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of 67 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (8.455) is normal, around the industry mean (-1.586). P/E Ratio (13.956) is within average values for comparable stocks, (15.399). Projected Growth (PEG Ratio) (0.558) is also within normal values, averaging (2.824). Dividend Yield (0.000) settles around the average of (0.073) among similar stocks. P/S Ratio (3.923) is also within normal values, averaging (70.854).

The Tickeron PE Growth Rating for this company is 81 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ADBE’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 94, placing this stock worse than average.

Notable companies

The most notable companies in this group are Shopify Inc (NASDAQ:SHOP), Salesforce (NYSE:CRM), Uber Technologies (NYSE:UBER), ServiceNow Inc. (NYSE:NOW), Adobe (NASDAQ:ADBE), Intuit (NASDAQ:INTU), Datadog (NASDAQ:DDOG), Autodesk (NASDAQ:ADSK), Atlassian Corp (NASDAQ:TEAM), Workday (NASDAQ:WDAY).

Industry description

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

Market Cap

The average market capitalization across the Packaged Software Industry is 10.51B. The market cap for tickers in the group ranges from 39 to 271.26B. SAP holds the highest valuation in this group at 271.26B. The lowest valued company is STIXF at 39.

High and low price notable news

The average weekly price growth across all stocks in the Packaged Software Industry was -0%. For the same Industry, the average monthly price growth was -3%, and the average quarterly price growth was 0%. AEYE experienced the highest price growth at 61%, while YMT experienced the biggest fall at -45%.

Volume

The average weekly volume growth across all stocks in the Packaged Software Industry was 42%. For the same stocks of the Industry, the average monthly volume growth was 6% and the average quarterly volume growth was -40%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 51
P/E Growth Rating: 58
Price Growth Rating: 58
SMR Rating: 77
Profit Risk Rating: 93
Seasonality Score: 12 (-100 ... +100)
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General Information

a developer of software solutions for web and print publishing

Industry PackagedSoftware

Industry
Packaged Software
Address
345 Park Avenue
Phone
+1 408 536-6000
Employees
31360
Web
https://www.adobe.com
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