Analog Devices's most recent trend suggests a bullish bias. One trading opportunity on Analog Devices is a Bull Put Spread using a strike $135.00 short put and a strike $130.00 long put offers a potential 23.46% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $135.00 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $4.05 would be incurred if the stock dropped below the $130.00 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 68.67 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 Stock Is a Buy, Analyst Says. Here’s When to Make a Move.
Tue, 24 Nov 2020 21:42:00 +0000
RBC Capital Markets analyst Mitch Steves cited a number of converging factors, some of which are tied to the semiconductor manufacturer’s acquisition of Maxim Integrated Products.
Analog Devices Returns To Sales Growth After Seven Down Quarters
Tue, 24 Nov 2020 21:25:14 +0000
Chipmaker Analog Devices on Tuesday beat Wall Street's targets for its fiscal fourth quarter and guided higher for the current period. The earnings news pushed ADI stock slightly lower.
Analog Devices Inc (ADI) Q4 2020 Earnings Call Transcript
Tue, 24 Nov 2020 19:30:37 +0000
Good morning, and welcome to the Analog Devices Third Quarter Fiscal Year 2020 Earnings Conference Call which is being audio webcast via telephone and over the web. With me on the call today are ADI's CEO, Vincent Roche; and ADI's CFO, Prashanth Mahendra-Rajah.
Analog Devices (ADI) Beats Q4 Earnings & Revenue Estimates
Tue, 24 Nov 2020 15:42:03 +0000
Analog Devices (ADI) reports strong fiscal fourth-quarter results driven by strength in all its end markets, and solid demand for high-performance analog as well as mixed signal solutions.
Analog Devices (ADI) Q4 Earnings and Revenues Surpass Estimates
Tue, 24 Nov 2020 14:15:02 +0000
Analog Devices (ADI) delivered earnings and revenue surprises of 9.09% and 5.75%, respectively, for the quarter ended October 2020. Do the numbers hold clues to what lies ahead for the stock?
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