Analog Devices Stock Technical Analysis

ADI Stock  USD 197.79  4.46  2.31%   
As of the 29th of March, Analog Devices shows the mean deviation of 1.18, and Risk Adjusted Performance of 0.015. Analog Devices technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for Analog Devices, which can be compared to its rivals. Please confirm Analog Devices jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if Analog Devices is priced correctly, providing market reflects its regular price of 197.79 per share. Given that Analog Devices has jensen alpha of (0.17), we suggest you to validate Analog Devices's prevailing market performance to make sure the company can sustain itself at a future point.

Analog Devices Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Analog, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Analog
  
Analog Devices' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Analog Devices Analyst Consensus

Target PriceAdvice# of Analysts
200.48Buy32Odds
Analog Devices current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Analog analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Analog stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Analog Devices, talking to its executives and customers, or listening to Analog conference calls.
Analog Analyst Advice Details
Analog Devices technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Analog Devices technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Analog Devices trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Analog Devices Technical Analysis

Indicator
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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Analog Devices volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Analog Devices Trend Analysis

Use this graph to draw trend lines for Analog Devices. You can use it to identify possible trend reversals for Analog Devices as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Analog Devices price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Analog Devices Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Analog Devices applied against its price change over selected period. The best fit line has a slop of   0.08  , which may imply that Analog Devices will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 250.33, which is the sum of squared deviations for the predicted Analog Devices price change compared to its average price change.

About Analog Devices Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Analog Devices on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Analog Devices based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Analog Devices price pattern first instead of the macroeconomic environment surrounding Analog Devices. By analyzing Analog Devices's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Analog Devices's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Analog Devices specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2023 2024 (projected)
Price Earnings Ratio24.5136.1223.38
Short Term Coverage Ratios4.3450.3152.82

Analog Devices March 29, 2024 Technical Indicators

Most technical analysis of Analog help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Analog from various momentum indicators to cycle indicators. When you analyze Analog charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Analog Devices March 29, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Analog stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Analog Devices offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Analog Devices' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Analog Devices Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Analog Devices Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Analog Devices. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in Analog Stock please use our How to Invest in Analog Devices guide.
Note that the Analog Devices information on this page should be used as a complementary analysis to other Analog Devices' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for Analog Stock analysis

When running Analog Devices' price analysis, check to measure Analog Devices' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Analog Devices is operating at the current time. Most of Analog Devices' value examination focuses on studying past and present price action to predict the probability of Analog Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Analog Devices' price. Additionally, you may evaluate how the addition of Analog Devices to your portfolios can decrease your overall portfolio volatility.
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Is Analog Devices' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Analog Devices. If investors know Analog will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Analog Devices listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.51)
Dividend Share
3.5
Earnings Share
5.61
Revenue Per Share
23.165
Quarterly Revenue Growth
(0.23)
The market value of Analog Devices is measured differently than its book value, which is the value of Analog that is recorded on the company's balance sheet. Investors also form their own opinion of Analog Devices' value that differs from its market value or its book value, called intrinsic value, which is Analog Devices' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Analog Devices' market value can be influenced by many factors that don't directly affect Analog Devices' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Analog Devices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Analog Devices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Analog Devices' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.