What does Average Directional Index Predict about Integrated Device Technology, Inc. (NASDAQ:IDTI)?

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Integrated Device Technology, Inc. (NASDAQ:IDTI) for the period of 9-Day stands at 90.05% while the stochastic %D for the same period stands at 87.57%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Integrated Device Technology, Inc. (NASDAQ:IDTI) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Integrated Device Technology, Inc. (NASDAQ:IDTI) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Integrated Device Technology, Inc. (NASDAQ:IDTI)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Integrated Device Technology, Inc. develops system-level solutions that optimize its customers’ applications. The Company operates through two segments: the Communications, and the Computing, Consumer and Industrial. It offers products in radio frequency (RF), timing, wireless power transfer, serial switching, interfaces and sensing solutions. It offers a range of mixed-signal solutions for the communications, computing, consumer, automotive and industrial segments. These products are used for development in areas, such as fourth generation (4G) infrastructure, network communications, cloud datacenters and power management for computing and mobile devices. It offers solutions in designing communications, computing, consumer, automotive and industrial applications. It markets its products to original equipment manufacturers (OEMs) through a range of channels, including direct sales, distributors and electronic manufacturing suppliers (EMSs).

Previous Day Activity Analysis

On the last trading day, Integrated Device Technology, Inc. (NASDAQ:IDTI) opened the session at $27.9 and after going down -0.11% closed at $27.89. The stock lost -0.01 points in the last trade.

Integrated Device Technology, Inc. (NASDAQ:IDTI)’s stock fluctuated in the range of $27.67 and $28.02 during the previous active session. Integrated Device Technology, Inc. (NASDAQ:IDTI) traded with the volume of 1.23 Million with average volume of 1.52 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 1.93 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.6 and 68.32 respectively.

Currently the Insider Ownership of the shares of Integrated Device Technology, Inc. (NASDAQ:IDTI) is at 1.1% and the shares outstanding are 132.68 Million.

Important Ratio Analysis

Some important ratios to consider here for Integrated Device Technology, Inc. (NASDAQ:IDTI) are discussed below:

Dividend yield of Integrated Device Technology, Inc. (NASDAQ:IDTI) stands at 0% whereas Price to Earnings P/E ratio stands at 36.41 while Forward P/E shows the value of 15.98.

The PEG ratio (Price to Earning to Growth) emits the value of 5.6. The Price to Sale P/S and Price to Book P/B shows the value of 5.05 and 4.79 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 10.33 and 21.81 correspondingly.

The Quick Ratio of Integrated Device Technology, Inc. (NASDAQ:IDTI) stands at 5.3 while the Current Ratio depicts the value of 6.1.

Return on Assets ROA of Integrated Device Technology, Inc. (NASDAQ:IDTI) is at 8.7% whereas, Return on Equity ROE and Return of Investment ROI of Integrated Device Technology, Inc. (NASDAQ:IDTI) stand at 14.1% and 11.4% respectively.

Stock Performance Analysis

The stock performance of Integrated Device Technology, Inc. (NASDAQ:IDTI) on the basis of 5 day trade show the jump of 2.24% whereas, the monthly performance of the stock shows increase of 1.09%.

The quarterly performance of the stock remained in green zone with the value of 6.33% while six month performance of the shares of Integrated Device Technology, Inc. (NASDAQ:IDTI) remained bullish with the count of 16.74%.

The yearly and YTD performance of Integrated Device Technology, Inc. (NASDAQ:IDTI) remained up at 40.93% and 18.38% respectively.