ADBE

Adobe Inc.Technology

$242.92+0.64%

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$242.92

FEBMARAPR

Diamond Detected

The Diamond is just one piece of the puzzle. See the full technical breakdown.

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Quick Actions

Trade Plan: Diamond

Risk/Reward

1:2

Entry

$233.16

Stop

$259.26

Target

$180.96

Chart Pattern

Diamond

Indecision. Widening then narrowing range.

Bearish Flag

Bearish continuation if preceding move was down.

Market Analysis

Traders are watching Adobe Inc. (ADBE) as price action tightens. The stock is trading at $242.92, up 0.64% on the day. Price action has carved out a classic Diamond. This setup is supported by average volume turnover. A potential breakout level is identified at $233.16, targeting $180.96 with support near $259.26 (R:R 2.0).

Community Sentiment

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Peer Analysis

Asml Descending Triangle Swks Rectangle Acn Rounding Bottom Nxpi Descending Triangle Mchp Descending Triangle

Pattern Peers

Eos Diamond Fisv Diamond Luv Diamond Sw Diamond Nclh Diamond