Analog Devices's most recent trend suggests a bullish bias. One trading opportunity on Analog Devices is a Bull Put Spread using a strike $160.00 short put and a strike $155.00 long put offers a potential 9.89% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $160.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $155.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Analog Devices is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Analog Devices is bullish.
The RSI indicator is at 76.22 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Analog Devices
Analog Devices to Participate in Bank of America Securities Global Technology Conference and Stifel Cross Sector Insight Conference
Fri, 04 Jun 2021 20:00:00 +0000
Analog Devices, Inc. (Nasdaq: ADI) today announced that the Company’s Chief Financial Officer, Prashanth Mahendra-Rajah, will speak at the Bank of America Securities 2021 Global Technology Conference and the Stifel 2021 Virtual Cross Sector Insight Conference to be held on Tuesday, June 8, 2021, at 1:00 p.m. Eastern time and Wednesday, June 9, 2021, at 10:40 a.m. Eastern time, respectively.
Analog Devices to Participate in Evercore ISI Technology, Media and Telecom Conference
Thu, 03 Jun 2021 20:00:00 +0000
Analog Devices, Inc. (Nasdaq: ADI) today announced that the Company’s General Manager, Instrumentation, Karim Hamed, will speak at the Evercore ISI Inaugural Technology, Media and Telecom Conference to be held on Monday, June 7, 2021, at 11:00 a.m. Eastern time.
Analog Devices to Participate in Bernstein’s Strategic Decisions Conference
Tue, 01 Jun 2021 20:00:00 +0000
Analog Devices, Inc. (Nasdaq: ADI) today announced that the Company’s President and Chief Executive Officer, Vincent Roche, will speak at Bernstein’s 37th Annual Strategic Decisions Conference to be held on Wednesday, June 2, 2021, at 1:30 p.m. Eastern time.
Analog Devices (ADI) Boosts BMS Portfolio Via Latest Launch
Tue, 01 Jun 2021 14:18:02 +0000
Analog Devices (ADI) introduces new devices in the BMS portfolio to ensure continuous monitoring of batteries.
A Tech Stock Worth Buying Before Catalysts Send It Higher
Sat, 29 May 2021 17:41:00 +0000
Investors looking for a stock that will let them take advantage of hot tech trends should take a closer look at this company.
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