ARCHER-DANIELS-MIDLAND CO (ADM) Stock Technical Analysis
NYSE:ADM - New York Stock Exchange, Inc. - US0394831020 - Common Stock - Currency: USD
Taking everything into account, ADM scores 8 out of 10 in our technical rating. 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 91 other stocks in this industry. ADM outperforms 74% of them.
In the last month ADM has a been trading in the 46.81 - 55.05 range, which is quite wide. It is currently trading near the high of this range.
ADM has an average volume of 3583890 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 47% of them, which is more or less in line with the market.
ADM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ADM is lagging the market.
Although ADM has an excellent technical rating, it does not present a decent entry opportunity 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
46.50
55.15
When analyzing the support we can see 3 important areas.
- A support zone ranging from 53.21 to 53.96. 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 49.19 to 49.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.97 to 47.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 54.46 to 54.60. 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 | 47.03 | 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) | DOWN | MIXED | The current price of ADM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.88 | NEUTRAL | The RSI value for ADM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests ADM has a positive trend. |
| Stochastics (14,3) | 73.02 | NEUTRAL | The Stochastics value for ADM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for ADM suggests some volalility. |
| Average Directional Index/ADX (14) | 25.08 | POSITIVE | The high ADX value value for ADM suggests a strong 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)
54.45
+1.67 (+3.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg3.16%
1 Week2.87%
2 Weeks0.54%
1 Month13.2%
3 Month25.69%
6 Month8.79%
12 Month-11.26%
2 Year-35.91%
3 Year-34.22%
5 Year27.13%
10 Year14.83%
15 Year99.01%
Volatility
ATR(14)1.5
ATR(20)%2.39%
ATR Inc28.79%
Range Today2.05
ADR(20)1.25
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.03
Mansfield-0.43
10 Day High55.05
10 Day Low51.34
20 Day High55.05
20 Day Low46.81
52 Week High66.08
52 Week Low40.98
CS1 End49.73
CR1 Start53.11
Volume & EV
DER(3)-0.3%
DER(5)1.82%
Volume5.01M
Volume Incr10.89%
Vol(5)4.42M
Vol(50)3.58M