ARCHER-DANIELS-MIDLAND CO (ADM) Stock Technical Analysis
NYSE:ADM - New York Stock Exchange, Inc. - US0394831020 - Common Stock - Currency: USD
Overall ADM gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ADM is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
ADM is part of the Food Products industry. There are 89 other stocks in this industry. ADM outperforms 72% of them.
ADM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ADM is lagging the market slightly.
In the last month ADM has a been trading in the 52.23 - 58.88 range, which is quite wide. It is currently trading near the high of this range.
ADM has an average volume of 3673880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, ADM outperforms 65% of them, which is more or less in line with the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ADM has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
51.46
58.87
3 important support areas can be observed.
- A support zone ranging from 54.91 to 56.01. 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 52.82 to 53.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @51.98 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 58.29 to 58.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for ADM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADM is up. |
| ChartMill Relative Strength | 65.01 | NEUTRAL | ADM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ADM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.6 | NEUTRAL | The RSI value for ADM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests ADM has a positive trend. |
| Stochastics (14,3) | 85.97 | OVERBOUGHT | The high Stochastics value suggests ADM may be overbought. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for ADM suggests some volalility. |
| Average Directional Index/ADX (14) | 20.81 | NEUTRAL | The ADX value for ADM suggests a possible start of a new trend. |
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)
58.28
+0.44 (+0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.76%
1 Week7.21%
2 Weeks6.43%
1 Month7.33%
3 Month16.26%
6 Month26.42%
12 Month-1.37%
2 Year-26.51%
3 Year-33.69%
5 Year30.21%
10 Year29.54%
15 Year89.16%
Volatility
ATR(14)1.42
ATR(20)%2.28%
ATR Inc-27.45%
Range Today1.05
ADR(20)1.27
ADR(20)%2.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.01
Mansfield0.26
10 Day High58.88
10 Day Low52.96
20 Day High58.88
20 Day Low52.23
52 Week High62.61
52 Week Low40.98
CS1 End56.01
CR1 Start58.29
Volume & EV
DER(3)0.05%
DER(5)-0.03%
Volume3.06M
Volume Incr40.67%
Vol(5)4.07M
Vol(50)3.67M