ANALOG DEVICES INC (ADI) Technical Analysis
NASDAQ:ADI • US0326541051
Current stock price
310.44 USD
+1.85 (+0.6%)
At close:
310.44 USD
0 (0%)
After Hours:
ADI Technical Rating and Analysis
Overall ADI gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- ADI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Looking at the yearly performance, ADI did better than 88% 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 in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ADI is performing more or less in line with the market.
- ADI has an average volume of 4145630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- ADI is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 56% of 115 stocks in the same industry.
ADI Weekly and Daily overview Charts
ADI Setup Rating and Analysis
ADI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 310.33, a Stop Loss order could be placed below this zone.
More info and screens
ADI Support and Resistance Analysis
218.47
316.81
4 important support areas can be observed.
- A support zone ranging from 306.06 to 310.33. 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 @230.44 from a horizontal line in the daily time frame.
- Support @220.68 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 313.05 to 313.67. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for ADI is down. |
| ChartMill Relative Strength | 88.26 | POSITIVE | ADI has a high relative strength, it outperformed 88.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ADI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ADI is below 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) | 40.17 | NEUTRAL | The RSI value for ADI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.83 | NEGATIVE | The MACD value suggests ADI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.8 | OVERSOLD | The low Stochastics value suggests ADI may be oversold. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for ADI suggests some volalility. |
| Average Directional Index/ADX (14) | 36.66 | POSITIVE | The high ADX value value for ADI suggests a strong trend. |
ADI Chart- and CandleStick Pattern Analysis
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)
ADI Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 313.68 | 306.05 | 7.63 (2.43%) | 25.00% |
| An entry @313.68. This is a Buy Stop order right above the resistance zone. | An exit @306.05. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 7.63 points, which is 2.43%. | For a 0.61% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ADI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ADI Technicals: Chart, Performance Metrics, Trend & Indicators
310.44
+1.85 (+0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.6%
1 Week1.03%
2 Weeks-5.85%
1 Month-10.1%
3 Month13.12%
6 Month26.54%
12 Month51.88%
2 Year56.95%
3 Year57.41%
5 Year100.18%
10 Year424.48%
15 Year688.32%
Volatility
ATR(14)10.42
ATR(20)%3.21%
ATR Inc5.33%
Range Today12.68
ADR(20)8.52
ADR(20)%2.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.26
3 months CRS87.98
6 months CRS89.99
Mansfield2.05
10 Day High323.94
10 Day Low300.91
20 Day High363.2
20 Day Low300.91
52 Week High363.2
52 Week Low158.65
CS1 End310.33
CR1 Start313.05
Volume & EV
DER(3)2.59%
DER(5)2.65%
Volume3.29M
Volume Incr-33.45%
Vol(5)3.12M
Vol(50)4.15M
ANALOG DEVICES INC / ADI TA FAQ
What is the technical rating for ADI stock?
ChartMill assigns a technical rating of 7 / 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 40.1693. This indicates that the stock is currently neutral.
What is the short term momentum for ADI stock?
The short term momentum for ANALOG DEVICES INC (ADI) is negative.
Can you provide the buy/sell signal for ANALOG DEVICES INC?
The buy/sell signal for ANALOG DEVICES INC (ADI) is hold as the short term and long term trends are mixed.