ANALOG DEVICES INC. - Daily - Technical analysis published on 07/09/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 110.36 USD
My targets
113.72 USD (+1.69%)
117.29 USD (+4.88%)
My analysis
ANALOG DEVICES INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 110.36 USD. The next resistance located at 113.72 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 117.29 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ANALOG DEVICES INC. rating 111.83 USD. The price is lower by -0.91% since the last closing with the lowest point at 111.43 USD and the highest point at 112.62 USD. The deviation from the price is +0.36% for the low point and -0.70% for the high point.111.43
112.62
111.83
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this ANALOG DEVICES INC. chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase is slight given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 96.07 | 102.10 | 110.36 | 111.83 | 113.72 | 117.29 |
| Change (%) | -14.09% | -8.70% | -1.31% | - | +1.69% | +4.88% |
| Change | -15.76 | -9.73 | -1.47 | - | +1.89 | +5.46 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 110.12 | 110.71 | 111.79 | 112.38 | 113.46 | 114.05 | 115.13 |
| Camarilla | 112.40 | 112.55 | 112.71 | 112.86 | 113.01 | 113.17 | 113.32 |
| Woodie | 110.36 | 110.83 | 112.03 | 112.50 | 113.69 | 114.17 | 115.36 |
| Fibonacci | 110.71 | 111.35 | 111.75 | 112.38 | 113.02 | 113.42 | 114.05 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 103.24 | 107.27 | 110.07 | 114.10 | 116.90 | 120.93 | 123.73 |
| Camarilla | 110.98 | 111.61 | 112.23 | 112.86 | 113.49 | 114.11 | 114.74 |
| Woodie | 102.61 | 106.96 | 109.44 | 113.79 | 116.28 | 120.62 | 123.11 |
| Fibonacci | 107.27 | 109.88 | 111.49 | 114.10 | 116.71 | 118.32 | 120.93 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.56 | |
| MACD (12,26,9): | 2.2500 | |
| Directional Movement: | 12.26 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 113.03 | |
| Parabolic SAR (0,02-0,02-0,2): | 117.75 | |
| Elder Ray (13): | 0.47 | |
| Super Trend (3,10): | 107.09 | |
| Zig ZAG (10): | 111.83 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 59.82 | |
| TEMA (21): | 114.90 | |
| Williams %R (14): | -52.19 | |
| Chande Momentum Oscillator (20): | 0.79 | |
| Repulse (5,40,3): | -0.4300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3000 | |
| Courbe Coppock: | 12.90 |
| MA7: | 113.15 | |
| MA20: | 110.22 | |
| MA50: | 107.31 | |
| MA100: | 108.13 | |
| MAexp7: | 112.57 | |
| MAexp20: | 110.28 | |
| MAexp50: | 108.11 | |
| MAexp100: | 105.88 | |
| Price / MA7: | -1.17% | |
| Price / MA20: | +1.46% | |
| Price / MA50: | +4.21% | |
| Price / MA100: | +3.42% | |
| Price / MAexp7: | -0.66% | |
| Price / MAexp20: | +1.41% | |
| Price / MAexp50: | +3.44% | |
| Price / MAexp100: | +5.62% |
News
The latest news and videos published on ANALOG DEVICES INC. at the time of the analysis were as follows:
- UnitedSiC Announces Strategic Investment by Analog Devices
- Analog Devices Reports First Quarter Fiscal 2019 Results with Revenue and EPS at the High-End of Guidance
- Analog Devices Announces 12.5 Percent Increase in Dividend; Raises Annual Dividend Growth Target to 7% to 15%
- New Research: Key Drivers of Growth for Conagra Brands, MacroGenics, Transocean, Harris, Analog Devices, and DryShips — Factors of Influence, Major Initiatives and Sustained Production
- Report: Exploring Fundamental Drivers Behind Adobe, Allergan plc, Netflix, Wyndham Worldwide, Genuine Parts, and Analog Devices — New Horizons, Emerging Trends, and Upcoming Developments
This member declared not having a position on this financial instrument or a related financial instrument.
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