The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 4/25/2025 -
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Analog Devices (ADI) Technical Analysis

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Summary:
Weekly :Oversold sectorLane's Stochastic is oversoldPrice is near the Fibonacci 38.2% retracement level
Daily :Daily  MACD line has moved above its signal lineThe price moved above the moving average in the center of the Bollinger Bands
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It was a first positive week for the Analog Devices (ADI). During the week, the ADI gained 18.33 points, or 10.40%, and closed at 194.60 on Friday, April 25, 2025. It was the best weekly gain since February 21, 2025. Weekly volume was 21% above average.

ADI is a member of Information Technology Sector. Information Technology is the most oversold 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 13, 2022 at 133.48 and reached 247.10 on February 20, 2025. ADI gained -113.62 points, or -85.12%, in 123 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 185.53 and resistance is at 252.51. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See ADI medium-term trend chart]
A medium-term downtrend had started on February 20, 2025 at 247.10 and reached 158.70 on April 7, 2025. ADI lost 88.40 points, or 35.77%, in 6 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Weekly Technical Indicators: [See ADI weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. 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. Use the following link to access Lane's Stochastic help.

The weekly MACD line is below its signal line since March 7, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. 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 April 11, 2025 at 167.20 and reached 197.52 on April 24, 2025. ADI gained -30.32 points, or -18.13%, in 13 days. The price is now at the 9.63% retracement level.

Daily Technical Indicators: [See ADI daily technical indicators chart]
Daily technical indicators are neutral.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has moved above 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 66.85
Williams' Percentage Range (W%R) 30.60
Lane's Stochastic (%D-Slow) 65.94
Greed/Fear Indicator (GFI) 67.41
Moving Average Converg./Diverg. (MACD) -7.73
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 42.10
Williams' Percentage Range (W%R) 61.20
Lane's Stochastic (%D-Slow) 19.01
Oversold
Greed/Fear Indicator (GFI) 35.05
Moving Average Converg./Diverg. (MACD) -3.52
Trading Signals
Description Value Chart
Upper Bollinger Band 210.99
50 Day Moving Average 205.33
Price 194.60
Daily Stochastic Crossing 190.31
Quarterly Trendline Support 185.53
20 Day Moving Average 183.80
Weekly Stochastic Crossing 172.84
Parabolic System 171.92
Lower Bollinger Band 164.50
Sector and Industry
Description Name Rank
Sector Information Technology 1
Industry Semiconductors 34
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 167.20
Low Date 04/11/2025
High 197.52
High Date 04/24/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 167.20
Low Date 04/11/2025
High 197.52
High Date 04/24/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 247.10
High Date 02/20/2025
Low 158.70
Low Date 04/07/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 252.51
Support 185.53
Low 133.48
Low Date 10/13/2022
High 247.10
High Date 02/20/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 15.29
Low Date 12/05/2008
High 247.10
High Date 02/20/2025
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.