• Return to Headlines

Analog Devices Bearish Moving Average Crossover Alert (ADI)

By Nick Russo

Analog Devices (NYSE:ADI) shares have crossed bearishly below their 10-day moving average of $80.35 on a volume of 371K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Analog Devices share prices have moved between a 52-week high of $90.49 and a 52-week low of $52.17 and are now trading 53% above that low price at $79.77 per share. The 200-day and 50-day moving averages have moved 0.22% lower and 0.59% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Analog Devices and will alert subscribers who have ADI in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Analog Devices

Ticker(s): ADI