Analog Devices (ADI) Offering Possible 14.94% Return Over the Next 28 Calendar Days

view original post

Analog Devices’s most recent trend suggests a bullish bias. One trading opportunity on Analog Devices is a Bull Put Spread using a strike $180.00 short put and a strike $170.00 long put offers a potential 14.94% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $180.00 by expiration. The full premium credit of $1.30 would be kept by the premium seller. The risk of $8.70 would be incurred if the stock dropped below the $170.00 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 above 80 which suggests that the stock is in overbought territory.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


LATEST NEWS for Analog Devices

Analog Devices Stock Hits Key Benchmark; At All-Time High As Chip Shortage Boosts Pricing Power
Wed, 17 Nov 2021 17:16:00 +0000
Chipmaker Analog Devices stock hit a fresh all-time high Wednesday as the tech sector continues to outshine others. When looking for the best stocks to buy and watch, focus on those with rising relative price strength. One stock that fits that bill is Analog Devices, whose Relative Strength (RS) Rating shot to 81 Wednesday, up from 77 the day before.

Best of both worlds: Save the planet and invest in cutting-edge technology stocks at the same time
Wed, 17 Nov 2021 17:14:00 +0000
One warning, though: The chip sector is up an impressive 17% since I last wrote bullishly on the group in August, as measured by the iShares Semiconductor (SOXX) exchange traded fund. “It is an excellent place to invest over the next five to 10 years,” says Motley Fool chip sector analyst John Rotonti. Here are five chip sector stocks that look like good ESG plays because they check the first box in the “environmental, social and governance” investing theme.

Analog Devices (ADI) Earnings Expected to Grow: Should You Buy?
Tue, 16 Nov 2021 20:00:08 +0000
Analog Devices (ADI) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analog Devices (ADI) Outpaces Stock Market Gains: What You Should Know
Mon, 08 Nov 2021 22:50:10 +0000
Analog Devices (ADI) closed the most recent trading day at $184.46, moving +0.15% from the previous trading session.

Analog Devices Stock Strength Improves Amid Chip Industry Push To Ramp Production; Demand Rising As Economy Reopens
Wed, 03 Nov 2021 19:48:00 +0000
Analog Devices shows improving price performance, earning an upgrade to its IBD Relative Strength Rating.

Be Sociable, Share!

Related Posts