The Greedy Trader Weekly Analysis
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Number of records: 15
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Analog Devices
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Summary:
Weekly :Broken trend resistance line
Daily :The price is below the lower Bollinger BandMACD bullish divergence
Move cursor over the icon to see details.

It was the negative week for the Analog Devices (ADI). During the week, the ADI dropped -1.62 points, or -1.68%, and closed at 94.94 on Friday, August 10, 2018. It was the worst weekly loss since June 29, 2018. Weekly volume was -38% below average.

Long-term trend: [See ADI long-term trend chart]
A long-term uptrend had started on December 5, 2008 at 15.29 and reached 103.59 on June 7, 2018. ADI gained -88.30 points, or -577.50%, in 495 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (66.54) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 resistance line in a long-term trend.

Medium-term trend: [See ADI medium-term trend chart]
A medium-term downtrend had started on June 7, 2018 at 103.59 and reached 94.08 on August 10, 2018. ADI lost 9.51 points, or 9.18%, in 9 weeks. The price is now at the 9.04% retracement level.

Weekly Technical Indicators: [See ADI weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since July 27, 2018. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See ADI short-term trend chart]
A short-term downtrend had started on July 18, 2018 at 99.40 and reached 94.08 on August 10, 2018. ADI lost 5.32 points, or 5.35%, in 23 days. The chart has formed a Falling Channel chart pattern.

Daily Technical Indicators: [See ADI daily technical indicators chart]
Daily technical indicators are neutral. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals.

The daily MACD line is below its signal line since August 9, 2018. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 38.04
Williams' Percentage Range (W%R) 76.50
Lane's Stochastic (%D-Slow) 65.98
Greed/Fear Indicator (GFI) 42.50
Moving Average Converg./Diverg. (MACD) -0.16 Bullish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.52
Williams' Percentage Range (W%R) 47.00
Lane's Stochastic (%D-Slow) 40.99
Greed/Fear Indicator (GFI) 48.04
Moving Average Converg./Diverg. (MACD) 2.42
Trading Signals
Description Value Chart
Upper Bollinger Band 99.34
Parabolic System 98.81
50 Day Moving Average 98.30
20 Day Moving Average 97.25
Daily Stochastic Crossing 97.20
Weekly Stochastic Crossing 97.02
Lower Bollinger Band 94.96
Price 94.94
Yearly Trendline Resistance 76.12
Sector and Industry
Description Name Rank
Sector Technology 6
Industry Semiconductor-Broad Line 53
Daily Trend
Description Value
Direction Down
Chart Pattern Falling Channel
High 99.40
High Date 07/18/2018
Low 94.08
Low Date 08/10/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 103.59
High Date 06/07/2018
Low 94.08
Low Date 08/10/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 76.07
Low Date 07/03/2017
High 103.59
High Date 06/07/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 47.24
Low Date 01/15/2016
High 103.59
High Date 06/07/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 76.12
Support 66.54
Low 15.29
Low Date 12/05/2008
High 103.59
High Date 06/07/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

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