Based on the provided data and technical analysis, here's the prediction for ADBE's stock price next week:
Technical Analysis
The stock is currently showing bearish signals with RSI at 40.12, indicating a weakening momentum. The MACD at -17.93 suggests a strong downward trend. The stock is trading below both its 20-day MA ($432.70) and 60-day MA ($480.47), confirming the bearish sentiment.
Price Levels Analysis Key Fibonacci levels for next week:
News Sentiment Impact Recent news indicates mixed sentiment:
Price Prediction for Next Week Based on technical indicators and news sentiment:
Trading Recommendation SELL with the following strategy:
The recommendation is based on:
The price of ADBE is predicted to go up 22.59%, based on the high correlation periods with TCX. The similarity of these two price pattern on the periods is 98.92%.
ADBE
TCX
Year
ADBE Price Forecast($)
Potential Return(%)
2025
475.000
10.320
2026
520.000
20.770
2027
650.000
50.960
2028
650.000
50.960
2029
650.000
50.750
2030
700.000
62.350
Adobe is the de facto standard in content creation software and PDF file editing, categories it created and still dominates.
Shift to subscriptions eliminates piracy and makes revenue recurring, while removing the high upfront price for customers. Growth has accelerated and margins are expanding from the initial conversion inflection.
Adobe is extending its empire in the creative world from content creation to marketing services more broadly through the expansion of its digital experience segment. This segment should drive growth in the coming years.
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