Analog Devices's most recent trend suggests a bullish bias. One trading opportunity on Analog Devices is a Bull Put Spread using a strike $165.00 short put and a strike $155.00 long put offers a potential 10.5% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $165.00 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $9.05 would be incurred if the stock dropped below the $155.00 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 61.32 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Analog Devices
Analog Devices (ADI) Up 3.9% Since Last Earnings Report: Can It Continue?
Fri, 17 Sep 2021 15:30:03 +0000
Analog Devices (ADI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Crypto Bull Steve Cohen is Buying These 10 Stocks
Thu, 16 Sep 2021 12:36:25 +0000
In this article, we discuss the 10 stocks that crypto bull Steve Cohen is buying. If you want to skip our detailed analysis of these stocks, go directly to Crypto Bull Steve Cohen is Buying These 5 Stocks. Steven Cohen, the chief of Connecticut-based Point72 Asset Management, recently joined a growing list of Wall Street […]
Analog Devices Appoints Janene Asgeirsson as Chief Legal Officer
Tue, 14 Sep 2021 12:00:00 +0000
WILMINGTON, Mass., September 14, 2021–Analog Devices Appoints Janene Asgeirsson as Chief Legal Officer
Analog Devices to Participate in Citi’s Global Technology Virtual Conference
Mon, 13 Sep 2021 12:00:00 +0000
WILMINGTON, Mass., September 13, 2021–Analog Devices, Inc. (Nasdaq: ADI) today announced that the Company’s Chief Financial Officer, Prashanth Mahendra-Rajah, will speak at Citi’s 2021 Global Technology Virtual Conference to be held on Wednesday, September 15, 2021, at 10:30 a.m. Eastern time.
Analog Devices expects Maxim deal earnings boost to kick in earlier
Wed, 08 Sep 2021 20:30:38 +0000
Analog, which supplies sensors, data converters and signal processing products, expects the earnings boost twelve months after the deal closes. The deal with Maxim, Analog's biggest, will boost its market share in automotive and 5G chipmaking and enable it to better compete with larger firms including Texas Instruments.
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