Analog Devices (ADI) Offering Possible 18.34% Return Over the Next 29 Calendar Days

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Analog Devices’s most recent trend suggests a bullish bias. One trading opportunity on Analog Devices is a Bull Put Spread using a strike $110.00 short put and a strike $100.00 long put offers a potential 18.34% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $110.00 by expiration. The full premium credit of $1.55 would be kept by the premium seller. The risk of $8.45 would be incurred if the stock dropped below the $100.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Analog Devices is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Analog Devices is bullish.

The RSI indicator is at 42.69 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Analog Devices

Analog Devices to Participate in Deutsche Bank’s Virtual Technology Conference
Fri, 11 Sep 2020 21:00:00 +0000
Analog Devices, Inc. (Nasdaq: ADI) today announced that the Company’s Chief Financial Officer, Prashanth Mahendra-Rajah, will speak at Deutsche Bank’s Virtual Technology Conference to be held on Monday, September 14, 2020, at 9:25 a.m. Eastern time.

Lifshitz Law Firm, P.C. Announces Investigation of Cellular Biomedicine Group, Inc. (NASDAQ: CBMG), GCI Liberty, Inc. (NASDAQ: GLIBA), Maxim Integrated Products (NASDAQ:MXIM), National General Holdings Corp. (NASDAQ: NGHC), Pfenex Inc. (NYSE: PFNX), Spring Bank Pharmaceuticals, Inc. (NASDAQ: SBPH), and Varian Medical Systems, Inc. (NYSE: VAR)
Fri, 11 Sep 2020 01:36:00 +0000
Cellular Biomedicine Group, Inc. (NASDAQ: CBMG)

Analog Devices Introduces Automotive Industry’s First Wireless Battery Management System for Electric Vehicles
Wed, 09 Sep 2020 12:29:00 +0000
Analog Devices Introduces Automotive Industry’s First Wireless Battery Management System for Electric Vehicles

Global Semiconductor Sales Rise YoY in July: 5 Stocks to Buy
Tue, 08 Sep 2020 11:02:11 +0000
Microchip demand is also likely to get a boost with the 5G boom in Europe and parts of Asia, including China and Singapore

Analog Devices to Participate in Citi’s 2020 Global Technology Virtual Conference
Fri, 04 Sep 2020 21:00:00 +0000
Analog Devices to Participate in Citi’s 2020 Global Technology Virtual Conference

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