Analog Devices Shares Climb 0.74% as $569.6M Volume Ranks 183rd in U.S. Equities

On Sept. 24, 2025, Analog Devices (ADI) closed with a 0.74% gain, trading with a $569.6 million volume that ranked 183rd among U.S. equities. The chipmaker's shares moved in a narrow range amid mixed market sentiment toward semiconductor stocks ahead of key earnings releases in the sector.

Recent strategic developments highlighted Analog's focus on expanding its analog-to-digital conversion solutions for industrial automation markets. The company announced a partnership with a European industrial equipment manufacturer to co-develop precision sensor technologies, signaling stronger demand in non-consumer electronics applications. Analysts noted this aligns with Analog's long-term strategy to diversify beyond traditional automotive and communications segments.

Technical indicators showed mixed momentum, with the 50-day moving average crossing above the 200-day line in a potential bullish formation. However, trading volumes remained below the 90-day average, suggesting limited conviction in the current price action. Institutional ownership data revealed no significant new positions in the latest reporting period.

To run this back-test rigorously I need to clarify a few practical details: 1. Universe - Do you want to rank every listed U.S. common stock each day, or limit the universe (e.g., only NYSE + Nasdaq stocks, the Russell 3000, the S&P 500, etc.)? 2. Pricing convention - Should we enter at that day’s close and exit at the next day’s close (close-to-close), or enter the next day’s open and exit that day’s close (open-to-close)? 3. Weighting & capital allocation - Equal-weight across the 500 names, or another rule? 4. Transaction costs/slippage - Should we include any round-trip commission or slippage assumptions? Once I have these four items I can generate the data-retrieval plan and launch the back-test.