Archer Daniels Midland Co (A-0JQQ.L) Stock Technical Analysis
Europe - London Exchange - LON:A-0JQQ -
We assign a technical rating of 2 out of 10 to A-0JQQ. A-0JQQ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 73% of all other stocks performed better in the past year than A-0JQQ.
- A-0JQQ is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: A-0JQQ has an average volume of 24924 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month A-0JQQ has a been trading in a tight range between 41.45 and 42.71.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, A-0JQQ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
40.38
When analyzing the support we can see 2 important areas.
- Support @41.48 from a trend line in the daily time frame.
- A support zone ranging from 40.79 to 40.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 43.26 to 43.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 44.93 to 44.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @49.61 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for A-0JQQ.L is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for A-0JQQ.L is down. |
| ChartMill Relative Strength | 27.03 | NEGATIVE | A-0JQQ.L has a low relative strength, it was outperformed by 72.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of A-0JQQ.L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of A-0JQQ.L is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of A-0JQQ.L is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.55 | NEUTRAL | The RSI value for A-0JQQ.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests A-0JQQ.L has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.3 | NEUTRAL | The Stochastics value for A-0JQQ.L is a neutral value. |
| Average True Range in percent/ATR (20) | 0.3 | LOW VOLATILITY | The low ATR as a percentage value for A-0JQQ.L suggests low volalility. |
LON:A-0JQQ (3/8/2019, 7:00:00 PM)
42.32
0 (0%)
Archer Daniels Midland Co / A-0JQQ.L FAQ
What is the ChartMill technical rating of Archer Daniels Midland Co (A-0JQQ.L) stock?
ChartMill assigns a technical rating of 2 / 10 to A-0JQQ.L.
What is the trend direction for A-0JQQ stock?
The current trend direction for Archer Daniels Midland Co (A-0JQQ.L) is Bearish.
What is the RSI signal for A-0JQQ stock?
Archer Daniels Midland Co (A-0JQQ.L) has an RSI value of 46.5503. This indicates that the stock is currently neutral.
What is the short term momentum for Archer Daniels Midland Co (A-0JQQ.L) stock?
The short term momentum for Archer Daniels Midland Co (A-0JQQ.L) is negative.
What is the buy/sell signal for A-0JQQ stock?
The buy/sell signal for Archer Daniels Midland Co (A-0JQQ.L) is sell as both the short term and long term trends are negative.