TTM Squeeze Tightens Grip on ADBE at $289.15
Neutral
Aug 28, 2026 at 5:15 AM
•
$289.15
(+5.74%)
Adobe Inc (ADBE) ticked higher by 5.74% to $289.15 on August 28.
Chart analysis reveals a bullish configuration:
Moving Averages
Moving averages are stacked bullishly—9-day EMA ($274.32) supports, 21-day ($264.55) below.
Momentum
RSI at 67.4 is in neutral territory but trending higher. MACD reads 10.63 against its 9.95 signal line (bullish).
Volatility
Volatility has been compressing for 5 sessions (TTM Squeeze active), often a precursor to directional moves.
The bullish trend is intact, but overbought momentum readings suggest waiting for a pullback.
Key levels to watch: Support at $247.14, Resistance at $285.26.