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Archive
- 1/10/2025 -
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Analog Devices (ADI) Technical Analysis
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| Summary:
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| | It was the negative week for the Analog Devices (ADI). During the week, the ADI dropped -3.00 points, or -1.39%, and closed at 212.40 on Friday, January 10, 2025. ADI was trading at average weekly trading volume.
ADI is a member of Information Technology Sector. Information Technology is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See ADI long-term trend chart]
A long-term uptrend had started on October 30, 2023 at 154.99 and reached 244.14 on July 17, 2024. ADI gained -89.15 points, or -57.52%, in 37 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (223.69) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See ADI medium-term trend chart]
A medium-term downtrend had started on October 14, 2024 at 237.03 and reached 205.40 on November 15, 2024. ADI lost 31.63 points, or 13.34%, in 4 weeks. The chart has formed a Descending Triangle chart pattern. The trend support level is at 206.00 and resistance is at 230.39. A Descending Triangle is a variation of triangle formation that has a flat support line and falling resistance line. The lower highs indicate the decreasing demand and give the descending triangle definitive bearish bias. A Descending Triangle usually represents a distribution stage in bearish market. A Descending Triangle is considered to be a continuation pattern, especially in a down trend, but it may also mark a reversal in an uptrend. Use the following link to access a Descending Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Descending Triangle pattern in a medium-term trend.
 Weekly Technical Indicators: [See ADI weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since August 2, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
 Short-term trend: [See ADI short-term trend chart]
A short-term uptrend had started on December 20, 2024 at 205.80 and reached 221.50 on January 6, 2025. ADI gained -15.70 points, or -7.63%, in 17 days. The chart has formed a Rising Channel chart pattern.
Daily Technical Indicators: [See ADI daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since January 2, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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