We assign a technical rating of 9 out of 10 to ADI. Both in the recent history as in the last year, ADI has proven to be a steady performer, scoring decent points in every aspect analyzed.
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.
219.49
When analyzing the support we can see 6 important areas.
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 | 86.64 | POSITIVE | ADI has a high relative strength, it outperformed 86.64% 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) | 65.92 | NEUTRAL | The RSI value for ADI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.25 | POSITIVE | The MACD value suggests ADI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.76 | OVERBOUGHT | The high Stochastics value suggests ADI may be overbought. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for ADI suggests some volalility. |
| Average Directional Index/ADX (14) | 29.59 | POSITIVE | The high ADX value value for ADI suggests a strong trend. |
293.86
-7.07 (-2.35%)
ChartMill assigns a technical rating of 9 / 10 to ADI.
The current trend direction for ANALOG DEVICES INC (ADI) is Bullish.
ANALOG DEVICES INC (ADI) has an RSI value of 65.9153. This indicates that the stock is currently neutral.
The short term momentum for ANALOG DEVICES INC (ADI) is positive.
The buy/sell signal for ANALOG DEVICES INC (ADI) is buy as both the short term and long term trends are positive.