The Greedy Trader Weekly Analysis
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Downtrend Resistance
Downtrend 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. Stock market alert is a warning signal. Downtrend Resistance stock alert indicates that price is near long-term resistance trendline and probability of short-term trend reversal is high.

The strategy is based on selling long (or taking short) position on downtrend testing resistance. The strategy has low to medium risk and average reword.

Downtrend Resistance

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- 6/13/2025 -
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Analog Devices (ADI) Technical Analysis

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Summary:
Weekly :Overbought sectorLane's Stochastic is overboughtStochastic has declined below the signal lineTrend resistance at 135.84
Daily :Lane's Stochastic is overboughtDaily  MACD line has moved above its signal line
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It was a third consecutive positive week for the Analog Devices (ADI). During the week, the ADI gained 2.77 points, or 1.25%, and closed at 225.03 on Friday, June 13, 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 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 188.32 and resistance is at 256.60. 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. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend resistance line (135.84). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See ADI weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish 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. Use the following link to access Lane's Stochastic help.

The weekly MACD line is above its signal line since May 9, 2025. The distance between MACD and the signal line is relatively high and getting bigger. 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 7, 2025 at 158.70 and reached 236.12 on June 11, 2025. ADI gained -77.42 points, or -48.78%, in 65 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 219.72 and resistance is at 253.64. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a short-term trend.

Daily Technical Indicators: [See ADI daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic.

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

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 69.07
Williams' Percentage Range (W%R) 28.40
Lane's Stochastic (%D-Slow) 81.39
Overbought
Greed/Fear Indicator (GFI) 74.02
Moving Average Converg./Diverg. (MACD) 5.50
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 49.73
Williams' Percentage Range (W%R) 22.10
Lane's Stochastic (%D-Slow) 88.39
Overbought
Greed/Fear Indicator (GFI) 73.08
Moving Average Converg./Diverg. (MACD) -3.18
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 256.60
Weekly Trendline Resistance 253.64
Upper Bollinger Band 233.97
Daily Stochastic Crossing 232.07
Weekly Stochastic Crossing 227.86
Monthly Trendline Support 225.76
Price 225.03
20 Day Moving Average 221.32
Weekly Trendline Support 219.72
Parabolic System 219.01
Lower Bollinger Band 207.13
50 Day Moving Average 203.62
Quarterly Trendline Support 188.32
Sector and Industry
Description Name Rank
Sector Information Technology 11
Industry Semiconductors 103
Daily Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Low 206.00
Low Date 05/23/2025
High 236.12
High Date 06/11/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 253.64
Support 219.72
Low 158.70
Low Date 04/07/2025
High 236.12
High Date 06/11/2025
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Test Resistance
Resistance 135.84
Support 225.76
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 256.60
Support 188.32
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.