Stocks

Adobe strives for recovery - Analysis - 26-10-2020

2020-10-26 12:33:39 GMT (Economies.com)

Adobe Systems' stock (ADB) fell 0.61% in the last session as the support of 477.17 held on, with the stock leaning on the main upward medium-term trend line, while leaning on the support of the 50-day SMA, with positive signals from the RSI. 

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 534.14, provided the support of 477.17 holds on. 

 

Expected trend for today: Bullish 

More Analysis

Risk Disclaimer : Enzious Limited would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore Enzious Limited does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.