Analog Devices's most recent trend suggests a bearish bias. One trading opportunity on Analog Devices is a Bear Call Spread using a strike $155.00 short call and a strike $165.00 long call offers a potential 21.95% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $155.00 by expiration. The full premium credit of $1.80 would be kept by the premium seller. The risk of $8.20 would be incurred if the stock rose above the $165.00 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 at 33.38 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) to Report Q2 Earnings: What's in Store?
Thu, 13 May 2021 16:11:04 +0000
Analog Devices' (ADI) fiscal second-quarter results are likely to reflect strength across automation, battery management system and the wireless business.
Analog Devices (ADI) Reports Next Week: Wall Street Expects Earnings Growth
Wed, 12 May 2021 21:24:09 +0000
Analog Devices (ADI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Analog Devices (ADI) Gains As Market Dips: What You Should Know
Tue, 11 May 2021 22:57:10 +0000
In the latest trading session, Analog Devices (ADI) closed at $150.84, marking a +0.03% move from the previous day.
Were Hedge Funds Right About Piling Into Analog Devices (ADI)?
Mon, 03 May 2021 19:50:55 +0000
With the fourth-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the first quarter of 2021. One of these stocks was Analog Devices, Inc. (NASDAQ:ADI). Analog Devices, Inc. (NASDAQ:ADI) […]
Should You Be Adding Analog Devices (NASDAQ:ADI) To Your Watchlist Today?
Mon, 03 May 2021 05:14:55 +0000
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in ‘sexy' stocks…
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