Technical Analysis Based on recent price action, ADI shows strong momentum with RSI at 68.53 and Stochastic RSI at 94.45, indicating overbought conditions. The stock is trading above all major moving averages (5,10,20,60,200-day SMAs), suggesting a strong uptrend.
News Impact ADI recently reported upbeat fiscal Q1 results, leading to a 14.13% stock price increase. The company received positive analyst coverage with revised price forecasts. However, the stock faced some pressure after Trump's announcement of potential 25% tariffs on semiconductor imports.
Price Prediction for Next Week Based on technical indicators and Fibonacci levels:
The stock is currently trading at $238.91, showing signs of consolidation after recent gains. The Bollinger Bands indicate:
Price Target: Expect a pullback to $232-235 range next week due to:
Trading Recommendation: SELL
The stock is likely to experience profit-taking after its recent strong rally, making it suitable for a short-term bearish position.
The price of ADI is predicted to go up -7.47%, based on the high correlation periods with COOP. The similarity of these two price pattern on the periods is 95.63%.
ADI
COOP
Analog Devices has tens of thousands of customers and is not reliant on the fortunes of any single chip buyer.
ADI has made shrewd acquisitions in recent years, as Linear Tech and Maxim Integrated have boosted the firm's power management chip business.
ADI is well positioned to profit from the long-term secular trend of increased electronics content in automobiles, such as in-dash infotainment displays and safety sensors.
Oppenheimer
2025-02-20
Price Target
$245 → $270
Upside
+10.55%
Truist Securities
2025-02-20
Price Target
$230 → $248
Upside
+1.54%
Wells Fargo
2025-02-20
Price Target
$220 → $240
Downside
-1.73%