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Analog Devices Stock Forecast NASDAQ:ADI

$180.79 (0.0886%)

Volume: 3M

Closed: Dec 03, 2021

Hollow Logo Score: 2.947

Analog Devices Stock Forecast

$180.79 (0.0886%)

Volume: 3M

Closed: Dec 03, 2021

Score Hollow Logo 2.947
Which way will ADI go? Request
Stop-loss: $172.49 (-4.59%)
Key Stats
P/E Ratio 39.13
Beta 1.38
Trailing Dividend Rate 1.52% ($2.74)
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 42 and the stock is currently not being overbought or oversold

Green day on Friday for Analog Devices
(Updated on Dec 03, 2021)


Buy candidate since 2021-11-29 Loss -1.32%

The Analog Devices stock price gained 0.0886% on the last trading day (Friday, 3rd Dec 2021), rising from $180.63 to $180.79. During the day the stock fluctuated 2.93% from a day low at $178.71 to a day high of $183.95. The price has been going up and down for this period, and there has been a -3.88% loss for the last 2 weeks. Volume fell on the last day by -884 thousand shares and in total, 3 million shares were bought and sold for approximately $525.37 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 9.98% during the next 3 months and, with a 90% probability hold a price between $191.84 and $211.51 at the end of this 3-month period.

Signals & Forecast

A sell signal was issued from a pivot top point on Friday, November 19, 2021, and so far it has fallen -4.24%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Some positive signals were issued as well, and these may have some influence on the near short-term development. The Analog Devices stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $180.88. On a fall, the stock will find some support from the long-term average at approximately $180.53. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss

On the downside, the stock finds support just below today's level from accumulated volume at $171.52 and $169.48. There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Analog Devices finds support just below today's level at $171.52. If this is broken, then the next support from accumulated volume will be at $169.48 and $168.81.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $5.24 between high and low, or 2.93%. For the last week the stock has had a daily average volatility of 3.12%.

Our recommended stop-loss: $172.49 (-4.59%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 9 days ago.)

Is Analog Devices stock A Buy?

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

Current score: 2.947

Predicted Opening Price for Analog Devices of Monday, December 6, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price December 6, 2021 Current price
$181.15 $180.79 (Undervalued)
Buy Candidate Unchanged

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Analyst Ratings

On Nov 25, 2021 "Robert W. Baird" gave "" rating for ADI. The price target was set to $182.47+0.0%.

Volatility and Risk
Daily Average Volatility: 3.12 %
Overall Risk: Very High High Medium Low Very Low
Volatility
3.12 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $180.84
Price: $180.79
Support: $171.52

ADI Insider Trading Show all Trades

INSIDER POWER

3.010

Last 100 transactions
Buy: 1 026 195 | Sell: 340 912 (Shares)
Date Action Amount Person Type
Dec 01, 2021 Sell 200 Doluca Tunc Comm Stock - $.16-2/3 value
Dec 01, 2021 Sell 200 Doluca Tunc Comm Stock - $.16-2/3 value
Dec 01, 2021 Sell 300 Doluca Tunc Comm Stock - $.16-2/3 value
Dec 01, 2021 Sell 3 100 Doluca Tunc Comm Stock - $.16-2/3 value
Dec 01, 2021 Sell 100 Doluca Tunc Comm Stock - $.16-2/3 value
Show all Insider Trades
INSIDER POWER

3.010

Last 100 transactions
Buy: 1 026 195 | Sell: 340 912 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 186.39 3.10 %
184.39 1.99 %
183.15 1.31 %
Current price: 180.79
Support 179.15 -0.91 %
177.91 -1.59 %
175.91 -2.70 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 183.20 1.33 %
182.45 0.92 %
180.84 0.0277 %
Current price 180.79
Support 171.52 -5.13%
169.48 -6.26%
168.81 -6.63%

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About Analog Devices

Analog Devices Analog Devices, Inc. designs, manufactures, and markets a portfolio of solutions that leverage analog, mixed-signal, and digital signal processing technology, including integrated circuits (ICs), algorithms, software, and subsystems. It offers data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; high-performance amplifiers to condition analog signals; and rad... Read more

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