Analog Devices Inc

ADI remains in a medium-term downtrend (Stage 4 declining), carving lower highs and lows beneath its short- and medium-term moving averages. Short-term momentum is bearish with price rejecting near the 9/20/50 EMA/SMA cluster. We will sell into bounce attempts around those resistance zones, while a sustained break below the 200-day SMA near $345 would accelerate further downside.

• ↑Q2 2026 revenue $3.62B, +37% YoY, led by industrial and data center.
• ↑Q3 guidance at ~$3.9B reflects strong AI-driven demand.
• ↓Negative earnings yield and weak profitability score flag overvaluation.