Bearish Trends Emerging for Analog Devices Amid Stock Activity

Bearish Trends for Analog Devices spotted as 37% of traders show negative sentiment. Volume and open interest metrics indicate mixed trader strategies targeting price fluctuations between $190 and $230.

Date: 11-03-2025

AI Rating: 5

Current Market Sentiment
Financial giants have made bearish moves concerning Analog Devices. The trader sentiment reveals that 37% are bearish and 25% are bullish, indicating caution in market response. This could lead to downward pressure on ADI's stock price.

Options Activity Overview
The report highlights the activity of options traders, noting 3 put options valued at $109,830 and 5 call options at $150,984. This balance reflects mixed feelings among traders, suggesting some possibility of price drop coupled with potential for upside movement.

Projected Price Range
Whales are targeting Analog Devices within a significant price range of $190 to $230 over the last three months. Such price target projections can serve as benchmarks for both traders and investors, influencing trading behavior and potentially causing price volatility.

Recent Analyst Ratings
Several analysts have adjusted their ratings and price targets based on recent performance and market conditions. With price targets ranging from $248 to $300, it shows that while there is a cautious approach, there are still some optimistic perspectives on the company's future. The average target price of $273.6 from the last month reflects a potential upside from the recent trading price of $207.97.

Market Overview
Analog Devices is currently trading down 3.83% at $207.97. Liquidation of it trading below the critical threshold of $210 suggests traders may expect retesting of lower price levels. The RSI readings of neutrality indicate caution and indecision in the market. This can lead to further exploration of price fluctuations as the earnings report approaches in 71 days.

Conclusion
The balance between bullish and bearish sentiment alongside mixed options activity may lead to shifts in Analog Devices’ stock prices. Investors should continue monitoring sentiment and the upcoming earnings report for directional cues.

Stocks: ADI