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Analogdevices

ADI rally slowing already?My overall thesis is we are in the very early stages of a multi-year decline ultimately with the S&P 500 below 3500. I have been wrong many times before so I will just take this thing in stages and see if it plays out. After this massive decline, we should be in for a great market rally of many decades. I am expecting the market to end its recent rally this week. The current rarely would be about a week in length depending when it began for individual stocks. The rally has done a few important things with its slow and prolonged upward movement, mainly prevents a wave 3 signal from occurring during the next decline. My wave 3 indicator tends to signal wave 3s and 3 of 3s. See my scripts for the specifics of the indicator. If the market had a short wave 4 up and then a sharp or prolonged drop during wave 5, a new wave 3 signal would occur which violates the currently placed Minor wave 3 (yellow 3). Allowing separation from the current wave 3 signal enables wave 5 to drop quick or slow. This chart applies select movement extensions based on wave 1's movement on the left and then another based on wave 3's movement on the right. I keep the values between 0%-100% on the chart for wave 2s and 4s retracements of the preceding wave's movement for reference even though the retracement values would be inverted. Specifically for ADI, Minor wave 3 was longer than wave 1, which does not place a maximum length on wave 5. Assuming wave 4 ends on Thursday or Friday, Minor wave 5 could be a week or longer. Wave 4 does not need to gain too much more to meet completion criteria, but the sideways movement of the past few days could place the top below 218. During Minor wave 5, at the very least it should drop below wave 3's bottom of 202.59. Using some basic movement extensions, it will likely go lower. The 5 wave lower pattern for this fifth wave is hypothetical, but a bottom could occur between 186-195. Once we bottom, we should see another rally over a few weeks. I will forecast what that could look like as Intermediate wave 1 nears its end.
NASDAQ:ADIShort
by StockSignaler
Share Price of Analog Devices (ADI) Soars by Approximately 10%Share Price of Analog Devices (ADI) Soars by Approximately 10% in a Day The S&P 500 Index (US SPX 500 mini on FXOpen) set a new record yesterday, following the release of minutes from the latest Federal Reserve monetary policy meeting. As it became known, committee members would like to see inflation decline further; however, in their view, potential changes in trade and immigration policies could "complicate" the disinflation process. Analog Devices (ADI) Shares Among Top Gainers Amid predominantly bullish sentiment in the current US stock market, Analog Devices (ADI) shares surged by approximately 10% in a single day following the release of quarterly results. The company exceeded analysts' expectations on earnings per share by 5.5%, while gross revenue came in 2.68% above forecasts. According to MarketWatch: → Analog Devices has increased its dividend by 8% and expanded its share buyback programme by $10 billion. → CEO Vincent Roche stated that "we have moved past the cyclical downturn, and the situation has turned in our favour," giving an optimistic outlook for the second half of 2025. Technical Analysis of Analog Devices (ADI) Shares The ADI stock chart shows that the price is forming a long-term upward trend (illustrated by the blue channel), with the following key observations: → The ongoing rise suggests a major breakout of the Bull Flag pattern, indicating a resumption of long-term growth following a correction. → The psychological level of $200 has shifted from resistance to support—a similar development could occur at the $240 level, where the current all-time high is located. Analog Devices (ADI) Share Price Forecast Analysts are mostly optimistic. According to Yahoo Finance: → 18 out of 29 surveyed analysts recommend buying ADI shares. → The average 12-month price target for ADI shares stands at $257. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:ADI
by FXOpen
1
Analog Devices Surges 10% as it Beat Profit and Sales EstimatesAnalog Devices ( NASDAQ:ADI ), a semiconductor manufacturer, has reported better-than-expected results and guidance as inventory backlogs eased. The company's fiscal second-quarter adjusted earnings per share (EPS) of $1.40 beat estimates, while revenue slumped 34% year-over-year to $2.16 billion, but that was above forecasts. CEO Vincent Roche explained that revenue exceeded the midpoint of its outlook despite continued macro and inventory headwinds. However, he pointed out that inventory rationalization across the broad customer base is stabilizing, clearing a path for the company to return to sequential growth in the third quarter. Analog Devices ( NASDAQ:ADI ) sees current-quarter adjusted EPS of $1.50, plus or minus $0.10, with revenue of $2.27 billion, plus or minus $100 million. Both midpoints were higher than anticipated. Analog Devices ( NASDAQ:ADI ) forecasts robust quarterly revenue on chip market recovery, thanks to a rise in demand for its industrial chips after a prolonged slump. The upbeat forecast signals that clients are placing new orders amid signs of an easing economy. The company expects revenue of $2.27 billion, plus or minus $100 million, for the third quarter, compared with estimates of $2.16 billion, according to LSEG data. Analog Devices ( NASDAQ:ADI ) also touted its artificial intelligence efforts and expects to drive "record revenues" for its chip testing segment in the near to mid-term due to strong demand for high-bandwidth memory chips. The company's results follow a strong forecast from chipmaker Texas Instruments, fanning optimism for a rise in analog chip demand. Technical Outlook Analog Devices ( NASDAQ:ADI ) stock is currently overbought with a Relative Strength Index (RSI) of 82. The stock is up 10.87% as of the time of writing and up 18% since the start of 2024.
NASDAQ:ADILong
by DEXWireNews
Is Analog Device Next To Rise? This Algorithm Is Pointing...I have changed up how to best display projected movement. In the case of ADI, 3 of my algorithms signaled a BUY on March 26, 2021. Equities nearly always obey the signal and move up, but sometimes it may continue to move down first. I have placed two red boxes and two green boxes on the chart. The larger red box depicts all of the historical movement, from a percentage standpoint, that this stock has moved on the Daily chart after a BUY signal occurred. Therefore, this box represents 100% of previous movement downward before the stock finally moved upward. The smaller red box represents 50% of all historical movement downward, before the stock moved upward. The smaller box is more of a precise target for the potential bottom in this instance. The green boxes represent the same thing. In this instance, the smaller green box would be my projected target for the final top. The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement. As always, the stock could rise the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never rise (and the green boxes may never come into play). All statistics and the full analysis are available for free as always at the site below.
NASDAQ:ADILong
by StockSignaler