ADI Forecast + Trading Strategies


Bullish Case: Strength in AI, auto, and industrial sectors, coupled with robust financial forecasts, indicates sustained ADI growth.


Bearish Case: Significant insider selling and high current volatility suggest reservations among key stakeholders, potentially signaling downward pressure.


Potential Outcomes:

1. Continued growth driven by market recoveries (50%).

2. Downside due to economic uncertainties and insider selling (30%).

3. Stability in the near-term trading range (20%).


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June 27, 2024


Analog Devices Forecast

ADI      Analog Devices











Correlated Assets

Assets that tend to move strongly with ADI



MCHP Forecast + Options Trading Strategies   MCHP  Microchip Technology (0.95)


NXPI Forecast + Options Trading Strategies   NXPI  NXP Semiconductors (0.94)


RY Forecast + Options Trading Strategies   RY  Royal Bank Of Canada (0.93)


AMKR Forecast + Options Trading Strategies   AMKR  AMKOR Technology (0.93)


RCL Forecast + Options Trading Strategies   RCL  Royal Caribbean (0.93)



Uncorrelated Assets

Assets with little price relationship to ADI



HDB Forecast + Options Trading Strategies   HDB  HDFC (-0.0)


CLX Forecast + Options Trading Strategies   CLX  Clorox (0.0)


MCHI Forecast + Options Trading Strategies   MCHI  BTC iShares MSCI China (0.01)


ZTS Forecast + Options Trading Strategies   ZTS  Zoetis (-0.01)


CHRW Forecast + Options Trading Strategies   CHRW  C.H. Robinson Worldwide (0.01)



Anticorrelated Assets

Assets that tend to move strongly against ADI



VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.86)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.88)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.89)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.91)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.91)





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