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 longer term time frames. Compared to the overall market however, ADI is a bad performer.
64% of all other stocks performed better in the past year than ADI.
Both the short term and long term trends are positive. This is a very positive sign.
ADI is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 72% of 110 stocks in the same industry.
ADI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
ADI has an average volume of 4242980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ADI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ADI is lagging the market slightly.
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
158.96
241.31
We found 1 important support area.
- Support @160.57 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 221.24 to 222.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @225.99 from a trend line in the daily time frame.
- 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 | 36.31 | NEUTRAL | ADI is not amongst the best or worst performers 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 | MIXED | The current price of ADI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.77 | NEUTRAL | The RSI value for ADI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.04 | POSITIVE | The MACD value suggests ADI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.22 | OVERBOUGHT | The high Stochastics value suggests ADI may be overbought. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for ADI suggests some volalility. |
| Average Directional Index/ADX (14) | 28.49 | POSITIVE | The high ADX value value for ADI suggests a strong 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)
211.93
-10.29 (-4.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-4.63%
1 Week-2.03%
2 Weeks11.19%
1 Month21.36%
3 Month-6.99%
6 Month3.56%
12 Month-4.43%
2 Year25.06%
3 Year31.96%
5 Year96.74%
10 Year226.99%
15 Year661.81%
Volatility
ATR(14)5.8
ATR(20)%2.78%
ATR Inc-27.89%
Range Today13.03
ADR(20)4.76
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.31
Mansfield-0.05
10 Day High228.8
10 Day Low200.96
20 Day High228.8
20 Day Low186.73
52 Week High247.1
52 Week Low158.65
CS1 End222.21
CR1 Start225.99
Volume & EV
DER(3)0.63%
DER(5)1.51%
Volume8.96M
Volume Incr-4.83%
Vol(5)3.67M
Vol(50)4.24M