Aug 31, 2026 at 9:00 PM
•
$292.79
(+0.44%)
Adobe Inc (ADBE) advanced 0.44%, ending the session at $292.79 on August 31.
The technical setup looks bullish:
Moving Averages
Moving averages are stacked bullishly—9-day EMA ($280.76) supports, 21-day ($269.34) below.
Momentum
RSI at 70.1 is in overbought territory, suggesting potential near-term exhaustion. MACD reads 12.01 against its 10.60 signal line (bullish).
Volatility
Price is extended above the upper Bollinger Band ($292.02), suggesting possible mean reversion.
The bullish trend is intact, but overbought momentum readings suggest waiting for a pullback.
Key levels to watch: Support at $248.62, Resistance at $292.02.