ANALOG DEVICES INC (ADI) Stock Technical Analysis
NASDAQ:ADI - Nasdaq - US0326541051 - Common Stock - Currency: USD
Taking everything into account, ADI scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ADI is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
ADI is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry. ADI outperforms 73% of them.
ADI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ADI is performing more or less in line with the market.
ADI has an average volume of 4692330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, ADI turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
In the last month ADI has a been trading in the 206.00 - 236.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ADI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
158.96
241.31
When analyzing the support we can see 3 important areas.
- A support zone ranging from 221.32 to 224.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 210.46 to 210.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @160.57 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 238.56 to 238.92. This zone is formed by a combination of multiple trend lines in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ADI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADI is up. |
| ChartMill Relative Strength | 51.67 | NEUTRAL | ADI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ADI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ADI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.14 | NEUTRAL | The RSI value for ADI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests ADI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.01 | NEUTRAL | The Stochastics value for ADI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for ADI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.25 | NEUTRAL | The ADX value for ADI suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
225.03
-7.09 (-3.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-3.05%
1 Week1.25%
2 Weeks5.16%
1 Month-0.92%
3 Month7.8%
6 Month3.89%
12 Month-2.66%
2 Year15.51%
3 Year54.04%
5 Year83.49%
10 Year250.62%
15 Year707.72%
Volatility
ATR(14)5.48
ATR(20)%2.46%
ATR Inc-12.51%
Range Today4.56
ADR(20)5
ADR(20)%2.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.67
Mansfield-0.06
10 Day High236.12
10 Day Low212.22
20 Day High236.12
20 Day Low206
52 Week High247.1
52 Week Low158.65
CS1 End224.34
CR1 Start238.56
Volume & EV
DER(3)-0.41%
DER(5)-0.9%
Volume3.35M
Volume Incr-25.65%
Vol(5)3.42M
Vol(50)4.69M