Disclaimer Statement

Updated:

Author: Engineer USC

ADI Stock Forecast & Analog Devices Chart Analysis

This article provides a detailed analysis of ADI-Analog Devices stock including a forecast for ADI shares. It features Analog Devices, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

ADI Historical Data Review

ADI Current Price Performance Analysis

The Analog Devices - ADI stock traded on the American stock market, on 06-05-2024, closed at 235.68$ with a %2.19 increased compared to the previous day.

In the last month, the price of ADI changed by %15.92 increased in value, from 203.32 dollars on 05-06-2024 to 235.68 dollars, increased.

Last year, the price of ADI was 177.97 dollars on 06-06-2023, and changed by %32.43 increased in value, to 235.68 dollars increased within a year.

The price of Analog Devices stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

ADI with AI Stock Forecast & Price Target

ADI stock forecast Analog Devices price target

On the ADI chart Analog Devices price was recorded as 235.68 Dollars on 06/05/2024.

The artificial intelligence's forecast on ADI stock is as follows.

The artificial intelligence's prediction error margin for ADI stock is high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Analog Devices stock over the next 4 months is: 226.5 Dollars.

The commentary on ADI stock Target Price: Highest: 240.503 Dollars is predicted.

The commentary on ADI stock Target Price: Lowest: 216.323 Dollars is predicted.

Resistance Price where Analog Devices stock will Rise and Fall:

Date Price Prediction
10-08-2024 240.503
12-12-2024 233.393
02-20-2025 221.507

Support Price where Analog Devices stock will Fall and Rise:

Date Price Prediction
06-25-2024 216.865
11-27-2024 232.382
01-31-2025 219.307
03-27-2025 216.323

The commentary on ADI stock: Fluctuations in the target price can be expected in the coming days.

The target price for Analog Devices stock by the end of 2024 is predicted to be 230.575 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on ADI stock, and the 2024 target price predictions for Analog Devices are detailed above.

The technical analysis and charts for the commentary on ADI stock are below.

ADI Support & Resistance and Trend Analysis

ADI review Analog Devices technical analysis trend chart ADI priceADI stock support and resistance price chart

ADI stock you have reviewed the technical analysis support resistance charts regarding.

ADI : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the ADI review, the Analog Devices support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Analog Devices Support and Resistance Prices:

ADI Support Level Price ADI Resistance Level Price
179.44 186.93
179.63 197.34
181.81 199.67
182.57 199.90
182.88 200.26
183.01 201.47
186.02 202.44
186.22 202.77
188.10 204.20
188.76 241.88
227.65

ADI Technical Analysis: SMA, RSI, MACD

ADI review Analog Devices SMA chart analysis ADI priceADI buy or sell review Analog Devices MACD chart analysis ADI price

Upon reviewing the ADI chart, buy and sell signals have been generated in the Analog Devices technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for ADI stock are as follows:
  1. The technical analysis for ADI indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for ADI indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  3. The technical analysis for Analog Devices issued a 'Buy' signal when the MACD was at -0.474, with the current MACD value being: 8.66

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for Analog Devices stock: Click here to read more predictions on Airbnb stock.

Click here for price target predictions and technical analysis charts of other American stocks