Daily Analysis

ADOBE INC. (ADBE) opened with no gap on Dec 11, 2024 (Wednesday), experienced volatility 1.92%

ADOBE INC. (ADBE) stock analysis on Dec 11, 2024 (Wednesday)


   Date: Dec 11, 2024
  
   open:  $547.05     close:  $549.93
   low :  $541.74     high :  $552.30
  
   previous close:   $547.05

On Dec 11, 2024 (Wednesday), ADOBE INC. (ADBE) in the technology sector showed bullish momentum. The stock belongs to the software industry within the technology sector.

The stock opened with no gap at $547.05, compared to the previous close of $547.05 (no gap of 0.00%).

The stock hit a high of $552.30 and a low of $541.74, creating a trading range of $10.56. The price movement was 0.53% higher than the opening price.

The stock saw a significant increase in trading activity, trading 4,962,786 shares, which is up 66.09% from the average of 2,988,022 shares. This surge in volume suggests heightened investor interest or a major event driving the stock's movement.

The stock experienced low volatility (1.92%), staying within a narrow range (the stock remained stable with a high of $552.30 and a low of $541.74).

This fits perfectly with the overall market trend, which is bullish right now.

Disclaimer: This analysis is provided solely for educational purposes and does not include any recommendations. For any financial decisions, it’s advised to consult with your financial advisor.