The Greedy Trader Weekly Analysis
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Yearly Price vs. Trendline:Broken Resistance
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Trend Line Resistance Trend Line Support Resistance.
Trendline support resistance provides an excellent buy/sell signals in trending market. On an uptrend, buy around the support trend line level and place a stop order below the trend line support. Take profit on the trend line resistance level. Reverse the technique in a downtrend. Short around the resistance trend line level and place a stop order above the trend line resistance.
Resistance Trend Line,Trend Line Resistance,Trend Line Support,Support Resistance,support and resistance,chart trend line,trend support

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- 11/19/2021 -
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Analog Devices (ADI)

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Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionBroken uptrend resistance line - uptrend exhaustionLane's Stochastic is overboughtWilliams' Percentage Range is strongly overbought
Daily :Broken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range and Lane's Stochastic are strongly overboughtStochastic has declined below the signal lineLane's Stochastic and MACD bearish divergence
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It was a third consecutive positive week for the Analog Devices (ADI). During the week, the ADI gained 4.01 points, or 2.17%, and closed at 188.80 on Friday, November 19, 2021. Weekly volume was -37% 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 190.00 on November 19, 2021. ADI gained -174.71 points, or -1142.64%, in 676 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (84.16) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 uptrend had started on January 15, 2016 at 47.24 and reached 190.00 on November 19, 2021. ADI gained -142.76 points, or -302.20%, in 305 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (96.14) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 medium-term trend.

Weekly Technical Indicators: [See ADI weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since October 29, 2021. 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 July 23, 2020 at 110.47 and reached 190.00 on November 19, 2021. ADI gained -79.53 points, or -71.99%, in 484 days. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (172.66) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 short-term trend.

Daily Technical Indicators: [See ADI daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Daily Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal.

The daily MACD line is above its signal line since November 1, 2021. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 79.57
Williams' Percentage Range (W%R) 9.50
Strong Overbought
Lane's Stochastic (%D-Slow) 91.23
Strong Overbought Bearish
Greed/Fear Indicator (GFI) 87.08
Overbought
Moving Average Converg./Diverg. (MACD) 3.49 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 64.14
Williams' Percentage Range (W%R) 5.70
Strong Overbought
Lane's Stochastic (%D-Slow) 84.66
Overbought
Greed/Fear Indicator (GFI) 79.49
Moving Average Converg./Diverg. (MACD) 5.10
Trading Signals
Description Value Chart
Monthly Trendline Resistance 194.00
Upper Bollinger Band 192.49
Daily Stochastic Crossing 189.16
Price 188.80
Weekly Stochastic Crossing 185.75
20 Day Moving Average 181.42
Weekly Trendline Resistance 181.33
Parabolic System 180.41
50 Day Moving Average 175.34
Weekly Trendline Support 172.66
Monthly Trendline Support 172.07
Lower Bollinger Band 171.43
Quarterly Trendline Resistance 151.95
Sector and Industry
Description Name Rank
Sector Information Technology 6
Industry Semiconductors 56
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 161.04
Low Date 09/01/2021
High 190.00
High Date 11/19/2021
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 181.33
Support 172.66
Low 110.47
Low Date 07/23/2020
High 190.00
High Date 11/19/2021
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 194.00
Support 172.07
Low 79.08
Low Date 03/18/2020
High 190.00
High Date 11/19/2021
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 151.95
Support 96.14
Low 47.24
Low Date 01/15/2016
High 190.00
High Date 11/19/2021
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 147.83
Support 84.16
Low 15.29
Low Date 12/05/2008
High 190.00
High Date 11/19/2021
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.

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