Apr 12, 2026 at 1:10 AM
•
$225.35
(-2.00%)
Adobe Inc (ADBE) retreated 2.00%, ending the session at $225.35 on April 12.
Technical indicators paint a bearish picture:
Momentum
RSI at 29.1 is depressed in oversold territory, where bounces often originate. MACD is bearish (-8.50 vs signal -8.08).
Moving Averages
Bearish EMA structure persists with price below the 9-day ($236.74) and 21-day ($244.29).
Volatility
Price has pierced the lower Bollinger Band ($228.51), which often precedes a bounce.
While EMAs remain bearish, the oversold RSI reading hints at potential support around $228.51.
Traders are watching $228.51 on the downside and $255.75 on the upside.