Taking everything into account, ADI scores 10 out of 10 in our technical rating. 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.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, ADI did better than 87% of all other stocks.
- A new 52 week high is currently being made by ADI, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month ADI has a been trading in the 270.14 - 305.61 range, which is quite wide. It is currently trading near the high of this range.
- ADI has an average volume of 3867760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ADI is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 61% of 113 stocks in the same industry.
Although ADI has an excellent technical rating, the quality of the presented setup is not ideal 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
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6 important support areas can be observed.
- A support zone ranging from 283.81 to 292.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 270.74 to 273.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @245.68 from a horizontal line in the daily time frame.
- Support @237.67 from a trend line in the daily time frame.
- Support @230.44 from a horizontal line in the daily time frame.
- Support @221.71 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 | 87.5 | POSITIVE | ADI has a high relative strength, it outperformed 87.5% 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) | 71.16 | OVERBOUGHT | The high RSI value suggests ADI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.04 | POSITIVE | The MACD value suggests ADI has a positive trend. |
| Stochastics (14,3) | 84.25 | OVERBOUGHT | The high Stochastics value suggests ADI may be overbought. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for ADI suggests some volalility. |
| Average Directional Index/ADX (14) | 32.21 | POSITIVE | The high ADX value value for ADI suggests a strong trend. |
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+4.11 (+1.38%)
ANALOG DEVICES INC / ADI 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.
What is the RSI signal for ANALOG DEVICES INC (ADI) stock?
ANALOG DEVICES INC (ADI) has an RSI value of 71.1595. This indicates that the stock is currently overbought.
What is the short term momentum for ADI stock?
The short term momentum for ANALOG DEVICES INC (ADI) is positive.
Can you provide the buy/sell signal for ANALOG DEVICES INC?
The buy/sell signal for ANALOG DEVICES INC (ADI) is buy as both the short term and long term trends are positive.