Analog Devices (ADI) Shares are Up 0.3%

Analog Devices (ADI) : During the past 4 weeks, traders have been relatively bearish on Analog Devices (ADI), hence the stock is down -0.72% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.2% relative to the S&P 500. The stock has risen by 0.3% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.85% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.37% and the 50-Day Moving Average is 4.01%.The 200 Day SMA reached 11.91%. Analog Devices, Inc. is up 11.35% in the last 3-month period. Year-to-Date the stock performance stands at 16.7%.


Analog Devices (NASDAQ:ADI): After opening at $63.29, the stock dipped to an intraday low of $62.91 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $63.53 and the buying power remained strong till the end. The stock closed at $63.15 for the day, a gain of 0.14% for the day session. The total traded volume was 1,989,268. The stocks close on the previous trading day was $63.06.

Analog Devices, Inc. is engaged in the design, manufacture and marketing of high-performance analog, mixed-signal and digital signal processing integrated circuits (ICs). The Company is focused on solving the engineering challenges associated with signal processing in electronic equipment. The Companys produces a wide range of products including data converters, amplifiers and linear products, radio frequency (RF) ICs, power management products, sensors based on micro-electro mechanical systems (MEMS) technology and other sensors, and processing products, including DSP and other processors that are designed to meet the needs of a broad base of customers. The Company focuses on strategic markets where its signal processing technology is often a critical differentiator in its customers products, in the industrial, automotive, consumer and communications markets.

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