Adobe stock: 6th week of a buy signal, +22.9%
Adobe stock jumps 5.9% as the buy signal clears all three targets
Our view last week
After closing last week slightly lower, Adobe stock bounces back with a 4.3% weekly gain, buyers controlling 75% of daily volume and money flow back on the buy side. The weekly technical analysis still shows some caution — contracting volumes, mixed rejection candles — while the price sits pinned between the 7-day high, in the 277 area, and the daily pivot, in the 274 area. The buy signal, now in its 5th week, is already up 16%.
This week's summary
Adobe stock closes the week up 5.9%, powered by a 10% bounce off the 20-day moving average and buyers controlling 66% of daily volume. The weekly technical analysis still tells a mixed story: the MACD is improving and sits above its Signal line, but the ADX has been falling for nine weeks and the trend's conviction is fading, with contracting volumes and mixed rejection candles. The buy signal, now in its 6th week, is already up 22.9% since entry.
IQS Phase
48
ordinary
Signal Strength
47
medium · weak
Sizing
REDUCED
Ranking
#114 / 175
US stocks in progress
Trade P&L %
+22.87%
from signal to date, no stop loss
Rank position
ranks 114th among the 175 Longs already running for US stocks in our ranking, with a signal strength of 47 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly +1.30% · monthly +11.48%
ADBE belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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