ARCHER-DANIELS-MIDLAND CO (ADM)

US0394831020 - Common Stock

53.81  -0.09 (-0.17%)

Technical Rating and Analysis

1

Taking everything into account, ADM scores 1 out of 10 in our technical rating. ADM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ADM is a bad performer in the overall market: 91% of all stocks are doing better.
ADM is part of the Food Products industry. There are 91 other stocks in this industry, of which 78% are performing better than ADM.
ADM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ADM has a been trading in the 50.72 - 56.83 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ADM has an average volume of 6141350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ADM Weekly chart
ADM Daily chart
Setup Rating and Analysis

8

ADM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 53.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 53.74, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

50.86

77.72

We found 2 important support areas.

  • A support zone ranging from 53.34 to 53.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 51.37 to 52.04. This zone is formed by a combination of multiple trend lines in multiple time frames.

5 important resistance areas can be observed.

  • A resistance zone ranging from 53.91 to 54.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 70.43 to 71.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @72.79 from a horizontal line in the daily time frame.
  • Resistance @75.20 from a horizontal line in the daily time frame.
  • Resistance @76.95 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.91
Mansfield-3.59
10 Day High54.73
10 Day Low52.28
20 Day High56.83
20 Day Low50.72
52 Week High87.3
52 Week Low50.72
Performance
1 Week2.73%
2 Weeks0.99%
1 Month3.04%
3 Month-27.46%
6 Month-33.32%
12 Month-33.82%
2 Year-31.29%
3 Year-4.74%
5 Year26.82%
10 Year32.76%
15 Year102.18%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.67
RSI(14)38.03
LBB51.44
UBB56.01
ADM Daily chart

ARCHER-DANIELS-MIDLAND CO

NYSE:ADM (2/22/2024, 12:36:05 PM)

53.81

-0.09 (-0.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.17%
1 Week2.73%
2 Weeks0.99%
1 Month3.04%
3 Month-27.46%
6 Month-33.32%
12 Month-33.82%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.22
ATR(20)%2.67%
ATR Inc
Range Today0.86
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High54.73
10 Day Low52.28
20 Day High56.83
20 Day Low50.72
52 Week High87.3
52 Week Low50.72
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.81M
Volume Incr-62.76%
Vol(5)3.70M
Vol(50)6.14M