ADBE Price Prediction, Adobe AI Recommendations

ADBE in upward trend: price rose above 50-day moving average on March 16, 2023

ADBE moved above its 50-day moving average on March 16, 2023 date and that indicates a change from a downward trend to an upward trend. In 30 of 40 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 75%.

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on March 10, 2023. You may want to consider a long position or call options on ADBE as a result. In of 89 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for ADBE just turned positive on March 16, 2023. Looking at past instances where ADBE's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .

The 50-day moving average for ADBE moved above the 200-day moving average on March 21, 2023. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ADBE advanced for three days, in of 348 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day RSI Indicator for ADBE moved out of overbought territory on March 22, 2023. 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 56 similar instances where the indicator moved out of overbought territory. In of the 56 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The 10-day moving average for ADBE crossed bearishly below the 50-day moving average on February 28, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

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 of 62 cases within the following month. The odds of a continued downward trend are .

ADBE broke above its upper Bollinger Band on March 21, 2023. 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 Aroon Indicator for ADBE entered a downward trend on March 07, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron SMR rating for this company is (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 Price Growth Rating for this company is (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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 90, placing this stock slightly better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent 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 Valuation Rating of (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 (11.905) is normal, around the industry mean (18.850). P/E Ratio (36.364) is within average values for comparable stocks, (167.435). Projected Growth (PEG Ratio) (1.602) is also within normal values, averaging (6.470). Dividend Yield (0.000) settles around the average of (0.035) among similar stocks. P/S Ratio (9.579) is also within normal values, averaging (87.519).

ADBE is expected to report earnings to fall 1.05% to $3.76 per share on June 15

Q2'23

Est.

$3.76

Q1'23

Beat

by $0.12

Q4'22

Beat

by $0.10

Q3'22

Beat

by $0.05

Q2'22

Beat

by $0.04

ADBE paid dividends on April 12, 2005