NYSE:ADM - New York Stock Exchange, Inc. - US0394831020 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to ADM. Recently some decent action could be observed, but in the medium term time frame this is still negative. ADM was also a bad performer in the overall market in the last year.
ADM has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 50.17. Right above this resistance zone may be a good entry point.
46.96
When analyzing the support we can see 2 important areas.
2 important resistance areas can be observed.
NYSE:ADM (5/21/2025, 9:33:10 AM)
49.35
-0.3 (-0.6%)