ANALOG DEVICES INC (ADI) Stock Technical Analysis
USA - NASDAQ:ADI - US0326541051 - Common Stock
238.01 USD
-5.28 (-2.17%)
238.16 USD
+0.15 (+0.06%)
We assign a technical rating of 3 out of 10 to ADI. ADI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
ADI is part of the Semiconductors & Semiconductor Equipment industry. There are 112 other stocks in this industry, of which 63% are performing better than ADI.
ADI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ADI is lagging the market slightly.
In the last month ADI has a been trading in the 224.71 - 249.50 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ADI has an average volume of 3377440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, ADI outperforms 51% of them, which is more or less in line with the market.
Although the technical rating is bad, ADI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 230.44, a Stop Loss order could be placed below this zone.
More info and screens
218.47
258.20
We found 3 important support areas.
- A support zone ranging from 229.99 to 230.44. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 225.31 to 225.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @220.68 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 238.34 to 255.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for ADI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ADI is neutral. |
| ChartMill Relative Strength | 51.32 | NEUTRAL | ADI is not amongst the best or worst performers 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) | 46.2 | NEUTRAL | The RSI value for ADI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests ADI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.69 | NEUTRAL | The Stochastics value for ADI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for ADI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.35 | 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)
238.01
-5.28 (-2.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.17%
1 Week-2%
2 Weeks5.63%
1 Month-3.86%
3 Month4.47%
6 Month22.31%
12 Month3.41%
2 Year51.28%
3 Year66.88%
5 Year100.8%
10 Year295.89%
15 Year606.89%
Volatility
ATR(14)7.27
ATR(20)%2.87%
ATR Inc20.88%
Range Today8.88
ADR(20)6.42
ADR(20)%2.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.32
3 months CRS59.06
6 months CRS69.2
Mansfield-0.41
10 Day High248.83
10 Day Low226.96
20 Day High249.5
20 Day Low224.71
52 Week High258.13
52 Week Low158.65
CS1 End230.44
CR1 Start238.34
Volume & EV
DER(3)-0.66%
DER(5)-0.67%
Volume3.49M
Volume Incr6.68%
Vol(5)3.33M
Vol(50)3.38M
ANALOG DEVICES INC / ADI FAQ
What is the technical rating for ADI stock?
ChartMill assigns a technical rating of 3 / 10 to ADI.
Can you provide the trend direction for ANALOG DEVICES INC?
The current trend direction for ANALOG DEVICES INC (ADI) is Bearish.
What is the RSI signal for ANALOG DEVICES INC (ADI) stock?
ANALOG DEVICES INC (ADI) has an RSI value of 46.2031. This indicates that the stock is currently neutral.
What is the short term momentum for ANALOG DEVICES INC (ADI) stock?
The short term momentum for ANALOG DEVICES INC (ADI) is neutral.