ADI

Analog DevicesTechnology

$318.34-0.70%

Descending Triangle Symmetrical Triangle Rectangle

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$318.34

FEBMARAPR

Don't Miss ADI

ADI is showing a classic Descending Triangle. Don't miss the move.

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Quick Actions

Trade Plan: Descending Triangle

Risk/Reward

1:2.23

Entry

$300.56

Stop

$328.18

Target

$239.05

Chart Pattern

Descending Triangle

Bearish continuation pattern.

Symmetrical Triangle

Consolidation. Can break either way.

Rectangle

Sideways movement between parallel supports.

Market Analysis

Technical analysis of Analog Devices (ADI) reveals a significant setup. Price has moved to $318.34 (-0.7%) amidst recent volatility. Our AI has detected a valid Descending Triangle pattern. This setup is supported by average volume turnover. A potential breakout level is identified at $300.56, targeting $239.05 with support near $328.18 (R:R 2.23).

Community Sentiment

What is your outlook on ADI?

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Peer Analysis

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Pattern Peers

Ndsn Descending Triangle Nsc Descending Triangle Swk Descending Triangle Asml Descending Triangle Gm Descending Triangle

ADI