Analog Devices's most recent trend suggests a bullish bias. One trading opportunity on Analog Devices is a Bull Put Spread using a strike $111.00 short put and a strike $106.00 long put offers a potential 31.58% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $111.00 by expiration. The full premium credit of $1.20 would be kept by the premium seller. The risk of $3.80 would be incurred if the stock dropped below the $106.00 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 53.79 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Analog Devices
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Sun, 31 May 2020 10:43:00 +0000
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Analog Devices to Participate in the Bank of America Securities 2020 Global Technology Conference
Fri, 29 May 2020 20:00:00 +0000
Analog Devices, Inc. (Nasdaq: ADI) today announced that the Company’s Senior Vice President, Finance and Chief Financial Officer, Prashanth Mahendra-Rajah, will speak at the Bank of America Securities 2020 Global Technology Conference to be held virtually on Tuesday, June 2, 2020, at 1:00 p.m. Eastern time.
Hedge Funds Started Cashing Out Of Analog Devices, Inc. (ADI)
Fri, 29 May 2020 17:21:11 +0000
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]
This Dividend Stock Doesn't Look Like an Attractive Bet Right Now
Thu, 28 May 2020 12:35:00 +0000
The chipmaker pays a nice dividend, but a closer look at its financial performance tells us that there are better options out there.
Forget bonds — here are 5 safe tech stocks offering dividends and growth
Sat, 23 May 2020 17:26:00 +0000
These established, well-known technology leaders boast staying power in all markets, writes Michael Brush.
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