Adobe, Inc. (ADBE) has slipped from the SIACharts Favored Zone to the Unfavored Zone, marking a significant downturn in its market performance. This shift is accompanied by a notable decline in its SMAX score to 5 out of 10, signaling short-term weakness. The stock’s recent technical breakdown, including a failure to surpass major resistance levels and increased selling pressure, highlights potential for further declines.
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