I don't have adobe stock at the moment, I'm long adobe overall but afraid to dabble back in where its at now.
MACD:
Lower High in MACD:
The MACD making a lower high while the price is making higher highs could indicate weakening momentum.
Crossed Signal Line:
The MACD crossing below the signal line in October 2023 is a bearish signal, suggesting a potential shift in momentum.
Histogram at -.45:
The negative histogram value indicates that the MACD line is below the signal line, supporting the bearish momentum.
RSI:
Lower High in RSI:
The RSI making a lower high while the price is making higher highs is a bearish divergence, indicating potential weakening of the upward momentum.
RSI Value and MA:
An RSI of 63.78 is not in overbought territory, but the fact that it's making a lower high might suggest a loss of strength in the uptrend. The RSI moving average (MA) at 63.42 also indicates a potential weakening of momentum.
Way above cloud, way above VP, Chaikin Osc bearish divergence
Bearish divergence on CCI,OBV,ROC, and CMF from price.