Stock Trading Monitor: Analog Devices, Inc. (NASDAQ:ADI) EMA 50 Reading is 104.393425

Even extremely solid stocks can sometimes face setbacks. There is no shortage of news regarding publically traded companies, and investors often have the tricky job of deciding what information is worth taking a closer look at. Making trading decisions based on one piece of data may not be the optimal course of action. When there is negative information about a company, investors may be quick to sell without looking deeper into the numbers. On the flip side, investors may be super quick to buy on good news without fully researching the stock. 

Investors will typically be keeping track of historical highs and lows for a particular stock that they are researching. Watching levels for Analog Devices, Inc. (NASDAQ:ADI, we can see that the all time high is currently 109.48, and the all time low is 0.03846023. Let’s look at some alternate high/low price data:

Six month low: 76.62
Six month high: 109.48
One year low: 76.62
One year high: 109.48
Three month low: 80.08
Three month high: 109.48
One month low: 101.02
One month high: 109.48

Traders might be keeping tabs on the Hull Moving Average for Analog Devices, Inc. (NASDAQ:ADI). The current HMA reading is 108.37408. Traders may use the HMA to help identify the prevalent market trend. This may also lend to spotting useful exit and entry points on the stock.

Conducting technical analysis of the stock may include following the Keltner Channel indicator. A recent check shows the 20 day lower band at 105.60664 and the 20 day upper band at 108.04137. During a clearly defined trend, a break above or below these levels may point to the underlying strength of the trend. A break above the upper band may signal continuing bullish trend strength, and a break below the lower band may signal continuing bearish trend strength.

The 20 day Chaikin Money Flow indicator is currently 0.17118196. This indicator was developed by Marc Chaikin who observed that the pressures of buying and selling could be figured out by where a period finishes relative to the range of highs and lows.

Traders may use a variety of moving average indicators when examining a particular stock. Checking on some Exponential Moving Averages, we note that the 200 day is 96.12677, the 100 day is 100.114265, and the 50 day is 104.393425. Zooming in closer, we note that the 30 day EMA is 106.21747, the 20 day is 106.824005, and the 10 day is noted at 107.13295.

The SMA or Simple Moving Average can be calculated for different time periods. The SMA helps smooth out volatility and makes it a bit less difficult to gauge the price trend of a stock. Let’s view some popular SMA levels below:

Simple Moving Average 20 day: 107.04525
Simple Moving Average 100 day: 97.81935
Simple Moving Average 10 day106.63
Simple Moving Average 50 day: 105.3053
Simple Moving Average 30 day: 106.924164
Simple Moving Average 200 day: 92.0477

Investors might be looking high and low for quality stocks that have fallen out of favor with the investing community. There are plenty of stocks that get continuous coverage from the big media outlets, but there are many others that may be hiding behind the scenes. Conducting thorough stock research can help the investor isolate certain stocks that might be ready for a near-term bounce. With the stock market still trading near record levels, investors will be looking for any opportunity to pounce on shares that might have been left behind for whatever reason.  

Investors tracking shares of Analog Devices, Inc. (NASDAQ:ADI) will note that since the stock opened at 108.08, shares have seen a change of -0.16. During that period, the stock has touched a low of 107.52 and tipped a high of 108.54. Volume on the day is presently 43996.

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