ANALOG DEVICES INC (ADI) Stock Technical Analysis
NASDAQ:ADI - US0326541051 - Common Stock
251.31 USD
-2.94 (-1.16%)
222.065 USD
-29.25 (-11.64%)
We assign a technical rating of 8 out of 10 to ADI. Although ADI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
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 218.37 - 258.13 range, which is quite wide. It is currently trading near the high of this range.
ADI has an average volume of 3656370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, ADI did better than 70% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
ADI is part of the Semiconductors & Semiconductor Equipment industry. There are 112 other stocks in this industry, ADI did better than 60% of them.
ADI has an excellent technical rating, but the quality of the setup is only medium 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
253.82
We found 3 important support areas.
- A support zone ranging from 232.84 to 237.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 220.67 to 224.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @160.57 from a horizontal line 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 | 70.98 | POSITIVE | ADI has a high relative strength, it outperformed 70.98% 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) | 65.35 | NEUTRAL | The RSI value for ADI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.17 | POSITIVE | The MACD value suggests ADI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.3 | OVERBOUGHT | The high Stochastics value suggests ADI may be overbought. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for ADI suggests some volalility. |
| Average Directional Index/ADX (14) | 31.44 | 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)
251.31
-2.94 (-1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.16%
1 Week-0.35%
2 Weeks8.5%
1 Month13.35%
3 Month17.45%
6 Month9.24%
12 Month7.01%
2 Year38.25%
3 Year65.85%
5 Year115.02%
10 Year349.89%
15 Year801.4%
Volatility
ATR(14)6.33
ATR(20)%2.26%
ATR Inc-39.9%
Range Today3.73
ADR(20)5.43
ADR(20)%2.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.98
Mansfield0.49
10 Day High258.13
10 Day Low228.11
20 Day High258.13
20 Day Low218.37
52 Week High258.13
52 Week Low158.65
CS1 End237.48
CR1 StartN/A
Volume & EV
DER(3)0.89%
DER(5)0.06%
Volume3.60M
Volume Incr6.8%
Vol(5)4.03M
Vol(50)3.66M