ANALOG DEVICES INC (ADI) Technical Analysis
NASDAQ:ADI • US0326541051
Current stock price
ADI Technical Rating and Analysis
Overall ADI gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ADI is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, ADI did better than 91% of all other stocks. We also observe that the gains produced by ADI over the past year are nicely spread over this period.
- ADI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ADI has a been trading in the 300.56 - 385.46 range, which is quite wide. It is currently trading near the high of this range.
- ADI has an average volume of 3846930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ADI is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, ADI did better than 44% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ADI Weekly and Daily overview Charts
ADI Setup Rating and Analysis
Although ADI has an excellent technical rating, it does not offer a high quality setup 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
ADI Support and Resistance Analysis
228.14
When analyzing the support we can see 5 important areas.
- Support @347.93 from a horizontal line in the daily time frame.
- Support @317.43 from a trend line in the daily time frame.
- Support @306.07 from a horizontal line in the daily time frame.
- Support @288.29 from a trend line in the weekly time frame.
- Support @230.44 from a horizontal line in the daily time frame.
ADI Technical Indicator Signal Analysis
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 | 91.81 | POSITIVE | ADI has a high relative strength, it outperformed 91.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADI is above the rising 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) | UP | POSITIVE | The current price of ADI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.55 | OVERBOUGHT | The high RSI value suggests ADI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.94 | POSITIVE | The MACD value suggests ADI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.87 | OVERBOUGHT | The high Stochastics value suggests ADI may be overbought. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for ADI suggests some volalility. |
| Average Directional Index/ADX (14) | 26.53 | POSITIVE | The high ADX value value for ADI suggests a strong trend. |
ADI Chart- and CandleStick Pattern Analysis
ADI Technicals: Chart, Performance Metrics, Trend & Indicators
381.42
+6.15 (+1.64%)
ANALOG DEVICES INC / ADI TA FAQ
What is the technical rating for ADI stock?
ChartMill assigns a technical rating of 10 / 10 to ADI.
What is the trend direction for ADI stock?
The current trend direction for ANALOG DEVICES INC (ADI) is Bullish.
Can you provide the RSI signal for ANALOG DEVICES INC?
ANALOG DEVICES INC (ADI) has an RSI value of 74.5521. This indicates that the stock is currently overbought.
What is the MACD signal for ANALOG DEVICES INC (ADI) stock?
The MACD indicator for ANALOG DEVICES INC (ADI) has a value of 4.9399, indicating a bullish trend.
What is the short term momentum for ADI stock?
The short term momentum for ANALOG DEVICES INC (ADI) is positive.