ANALOG DEVICES INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ADI
ISIN:

ANALOG DEVICES INC. - 1H - Technical analysis published on 02/16/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

50%

44%

My opinion

Bearish under 189.65 USD

My targets

185.43 USD (-1.07%)

182.94 USD (-2.40%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on ANALOG DEVICES INC.. As long as you are under the resistance located at 189.65 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 185.43 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 182.94 USD as an objective. Crossing it would then enable sellers to target 181.15 USD. If the resistance 189.65 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.

Force

2.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ANALOG DEVICES INC. price is 187.44 USD. On the day, this instrument lost -0.05% and was traded between 186.06 USD and 189.33 USD over the period. The price is currently at +0.74% from its lowest and -1.00% from its highest.

186.06

189.33

187.44

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of ANALOG DEVICES INC. in 1H shows an overall bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	181.15	182.94	185.43	187.44	189.65	192.86	195.65
Change (%)	-3.36%	-2.40%	-1.07%	-	+1.18%	+2.89%	+4.38%
Change	-6.29	-4.50	-2.01	-	+2.21	+5.42	+8.21
Level	Major	Intermediate	Major	-	Major	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	183.74	185.21	186.38	187.85	189.02	190.49	191.66
Camarilla	186.81	187.06	187.30	187.54	187.78	188.02	188.27
Woodie	183.58	185.14	186.22	187.78	188.86	190.42	191.50
Fibonacci	185.21	186.22	186.85	187.85	188.86	189.49	190.49

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	184.11	186.49	190.76	193.14	197.41	199.79	204.06
Camarilla	193.19	193.80	194.41	195.02	195.63	196.24	196.85
Woodie	185.05	186.96	191.70	193.61	198.35	200.26	205.00
Fibonacci	186.49	189.03	190.60	193.14	195.68	197.25	199.79

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	161.32	171.56	181.96	192.20	202.60	212.84	223.24
Camarilla	186.68	188.58	190.47	192.36	194.25	196.14	198.04
Woodie	161.40	171.60	182.04	192.24	202.68	212.88	223.32
Fibonacci	171.56	179.44	184.32	192.20	200.08	204.96	212.84

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	49.62
MACD (12,26,9):	-0.6600
Directional Movement:	1.97
AROON (14):	35.72
DEMA (21):	186.55
Parabolic SAR (0,02-0,02-0,2):	185.65
Elder Ray (13):	-0.24
Super Trend (3,10):	188.82
Zig ZAG (10):	187.86
VORTEX (21):	0.9600
Stochastique (14,3,5):	58.19
TEMA (21):	186.93
Williams %R (14):	-30.02
Chande Momentum Oscillator (20):	2.13
Repulse (5,40,3):	0.0600
ROCnROLL:	-1
TRIX (15,9):	-0.0900
Courbe Coppock:	2.17

MA7:	189.90
MA20:	193.03
MA50:	192.39
MA100:	182.27
MAexp7:	187.41
MAexp20:	187.70
MAexp50:	189.39
MAexp100:	190.89
Price / MA7:	-1.30%
Price / MA20:	-2.90%
Price / MA50:	-2.57%
Price / MA100:	+2.84%
Price / MAexp7:	+0.02%
Price / MAexp20:	-0.14%
Price / MAexp50:	-1.03%
Price / MAexp100:	-1.81%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don't forget to follow the news on ANALOG DEVICES INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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