The Greedy Trader Weekly Analysis
Sign In Jan 27, 2023
Skip Navigation Links
TA Search
Daily RSI:> 70
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Relative Strength Index (RSI Indicator)
The Relative Strength Index is a popular momentum oscillator, developed by Welles Wilder, Jr. It is one of the most widely used technical indicators. Relative Strength Index compares upward vs. downward movements in closing over a selected period. The RSI Indicator fluctuates from 0% to 100%. A stock with RSI Indicator higher than 70% is considered overbought and lower than 30% - oversold. A good rule is to adjust overbought/oversold index range to 80% in bull and to 20% in bear markets. Relative Strength Index can provide an early warning, but not the final signal. It should be used in conjunction with other stock picking techniques. The divergence between RSI Indicator and underlying stock price is the most important signal provided by RSI, and it can be an indication of an impending reversal. Using the RSI divergence (bullish and bearish), chart patterns, trendlines, support, and resistance lines along with the RSI Indicator chart can be very useful.
Relative strength index- rsi indicator and overbought oversold index.
relative strength index,relative strength,overbought oversold index,rsi indicator
RSI divergence - Bullish Bearish.
rsi divergence,Bullish,Bearish,bullish stocks,Bullish Divergence,Bearish Divergence,stock market

Analog Devices (ADI)

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :
Daily :Stochastic signal line moved below overbought areaDaily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SAR20 Day Moving Average has crossed below the 50 Day Moving AverageThe price has declined below the moving average in the center of the Bollinger BandsThe Bollinger Bands are historically close together
Move cursor over the icon to see details.

It was the negative week for the Analog Devices (ADI). During the week, the ADI dropped -3.81 points, or -2.25%, and closed at 165.17 on Friday, January 20, 2023. It was the worst weekly loss since October 14, 2022. Weekly volume was -9% below average.

Long-term trend: [See ADI long-term trend chart]
A long-term downtrend had started on November 22, 2021 at 191.95 and reached 133.48 on October 13, 2022. ADI lost 58.47 points, or 30.46%, in 46 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 128.97 and resistance is at 172.35. A Falling 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 Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.

Medium-term trend: [See ADI medium-term trend chart]
A medium-term uptrend had started on October 13, 2022 at 133.48 and reached 179.95 on December 13, 2022. ADI gained -46.47 points, or -34.81%, in 8 weeks. The price is now at the 31.81% retracement level.

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

The weekly MACD line is above its signal line since November 11, 2022. This is an indication that the medium-term trend is up. 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 January 5, 2023 at 159.58 and reached 170.64 on January 12, 2023. ADI gained -11.06 points, or -6.93%, in 7 days. The price is now at the 49.46% retracement level.

Daily Technical Indicators: [See ADI daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. 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.

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

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 distance between the Bollinger Bands (6.81%) is close to one year low (6.58%). It is 50.97% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. 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.

During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.94
Williams' Percentage Range (W%R) 61.70
Lane's Stochastic (%D-Slow) 56.44
Greed/Fear Indicator (GFI) 48.91
Moving Average Converg./Diverg. (MACD) 0.78
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 75.97
Williams' Percentage Range (W%R) 34.70
Lane's Stochastic (%D-Slow) 60.30
Greed/Fear Indicator (GFI) 60.60
Moving Average Converg./Diverg. (MACD) 0.83
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 172.35
Upper Bollinger Band 171.40
Weekly Stochastic Crossing 171.37
Parabolic System 170.42
Daily Stochastic Crossing 165.77
50 Day Moving Average 165.26
20 Day Moving Average 165.20
Price 165.17
Lower Bollinger Band 160.14
Sector and Industry
Description Name Rank
Sector Information Technology 4
Industry Semiconductors 64
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 159.58
Low Date 01/05/2023
High 170.64
High Date 01/12/2023
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 179.95
High Date 12/13/2022
Low 159.58
Low Date 01/05/2023
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 133.48
Low Date 10/13/2022
High 179.95
High Date 12/13/2022
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 172.35
Support 128.97
High 191.95
High Date 11/22/2021
Low 133.48
Low Date 10/13/2022
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 15.29
Low Date 12/05/2008
High 191.95
High Date 11/22/2021
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.

Copyright© 2004- All rights reserved.