Analog Devices's most recent trend suggests a bearish bias. One trading opportunity on Analog Devices is a Bear Call Spread using a strike $80.00 short call and a strike $85.00 long call offers a potential 8.7% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $80.00 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock rose above the $85.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Analog Devices is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Analog Devices is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Analog Devices
ADTRAN (ADTN) Beats Earnings & Revenue Estimates in Q1
Wed, 19 Apr 2017 12:25:12 +0000
ADTRAN Inc. (ADTN) reported first-quarter 2017 results, wherein both the top line and the bottom line surpassed the Zacks Consensus Estimate.
The Zacks Analyst Blog Highlights: Caterpillar, Micron and Analog Devices
Tue, 18 Apr 2017 13:30:01 +0000
The Zacks Analyst Blog Highlights: Caterpillar, Micron and Analog Devices
Analog Devices, Inc. to Report Second Quarter Fiscal Year 2017 Financial Results on Wednesday, May 31, 2017
Mon, 17 Apr 2017 17:10:00 +0000
Analog Devices, Inc. today announced it will release financial results for the second quarter fiscal year 2017 at 8 a.m. eastern time on Wednesday, May 31, 2017. Following the press release on May 31, the company will hold a conference call at 10:00 a.m.
This Apple Inc. Supplier Might Have Caught a Break
Fri, 14 Apr 2017 12:30:00 +0000
Rumors that this Apple supplier has been designed out of the iPhone 8 may not be correct.
Analog Devices, T.I.: Who's Up, Who's Down in Next iPhone? Asks BlueFin
Thu, 13 Apr 2017 17:36:00 +0000
BlueFin’s Paul Peterson and Steve Mullane write that Analog Devices (ADI) may be doing better positioned than thought in Apple’s (AAPL) next iPhone, while Texas Instruments (TXN) might be one to worry about. With respect to Analog, the authors note there have been rumors that the company might lose the business in the next iPhone that it has had supplying Apple’s “Force Touch,” the feature that gives a physical response when the screen of the iPhone is pressed upon. Indeed, Rosenblatt Securities analyst Jun Zhang, in the course of assessing potential issues with the iPhone yesterday, wrote in a side note that “we believe Analog Devices might lose the force touch IC socket due to cost reductions from Apple.” But maybe not, write Peterson and Mullane, ADI Q2 forecast improved slightly in the past 30 days.
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