Analog Devices's most recent trend suggests a bullish bias. One trading opportunity on Analog Devices is a Bull Put Spread using a strike $123.00 short put and a strike $118.00 long put offers a potential 25% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $123.00 by expiration. The full premium credit of $1.00 would be kept by the premium seller. The risk of $4.00 would be incurred if the stock dropped below the $118.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Analog Devices is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Analog Devices is bullish.
The RSI indicator is at 60.79 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Analog Devices
Global Semiconductor Sales Rise YoY in July: 5 Stocks to Buy
Tue, 08 Sep 2020 11:02:11 +0000
Microchip demand is also likely to get a boost with the 5G boom in Europe and parts of Asia, including China and Singapore
Analog Devices to Participate in Citi’s 2020 Global Technology Virtual Conference
Fri, 04 Sep 2020 21:00:00 +0000
Analog Devices to Participate in Citi’s 2020 Global Technology Virtual Conference
Analog Devices Is Turning Around, But Investors Shouldn't Jump the Gun
Fri, 04 Sep 2020 13:45:00 +0000
Analog Devices (NASDAQ: ADI) has been navigating through challenging times this year. Analog's top-line performance is expected to remain flat year over year in the current quarter if it hits its revenue guidance of $1.44 billion. With a trailing price-to-earnings (P/E) ratio of nearly 40, Analog Devices is not cheap considering that its revenue and earnings have been heading south for more than a year.
Hedge Funds Are Buying Analog Devices, Inc. (ADI)
Tue, 01 Sep 2020 02:22:04 +0000
The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 823 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of June 30th, when the S&P 500 Index was trading around the […]
Why Is Maxim (MXIM) Up 0.6% Since Last Earnings Report?
Thu, 27 Aug 2020 15:31:03 +0000
Maxim (MXIM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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