MENU

ADI Stock Tickeron detected bullish Stock Pattern: Rectangle Bottom ADI on April 29, 2024, netting in a 30.98% gain over 1 month

A.I.dvisor
at Tickeron.com
05/25/24
Loading...
+30.98% Gain from a Successful pattern Rectangle Bottom
ADI - Analog Devices
Ticker: ADI
Company: Analog Devices
Gain: +30.98%
Confirmed: 04/29/24
Succeeded: 05/22/24
Total length: 33 days
On April 19, 2024, A.I.dvisor detected a Rectangle Bottom Pattern (Bullish) for Analog Devices (ADI, $183.36). On April 29, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $221.00. 23 days later, on May 22, 2024, ADI reached the target price resulting in a +3 for traders who took a long position in the stock.

ADI's RSI Oscillator climbs out of oversold territory

The RSI Indicator for ADI moved out of oversold territory on August 06, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 17 similar instances when the indicator left oversold territory. In of the 17 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart
Show more
View a ticker or compare two or three
ADI
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a manufacturer of integrated circuits used in analog and digital signal process

Industry Semiconductors

Profile
Fundamentals
Details
Industry
Semiconductors
Address
One Analog Way
Phone
+1 781 935-5565
Employees
26000
Web
https://www.analog.com