ARCHER-DANIELS-MIDLAND CO (ADM) Technical Analysis
NYSE:ADM • US0394831020
Current stock price
ADM Technical Rating and Analysis
Overall ADM gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month ADM has a been trading in the 65.50 - 73.72 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, ADM did better than 88% of all other stocks. On top of that, ADM also shows a nice and consistent pattern of rising prices.
- ADM is part of the Food Products industry. There are 87 other stocks in this industry. ADM outperforms 84% of them.
- ADM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ADM is performing more or less in line with the market.
- ADM has an average volume of 3892960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ADM Weekly and Daily overview Charts
ADM Setup Rating and Analysis
Besides having an excellent technical rating, ADM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 68.42, a Stop Loss order could be placed below this zone.
More info and screens
ADM Support and Resistance Analysis
59.16
We found 3 important support areas.
- Support @65.43 from a horizontal line in the daily time frame.
- Support @62.52 from a trend line in the weekly time frame.
- Support @59.76 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 66.53 to 69.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 71.98 to 72.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
ADM Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for ADM is neutral. |
| ChartMill Relative Strength | 88.58 | POSITIVE | ADM has a high relative strength, it outperformed 88.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ADM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ADM is below 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) | 49.13 | NEUTRAL | The RSI value for ADM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ADM has a negative trend. |
| Stochastics (14,3) | 61.35 | NEUTRAL | The Stochastics value for ADM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for ADM suggests some volalility. |
| Average Directional Index/ADX (14) | 18.62 | NEGATIVE | The low ADX value for ADM suggests a weak or negative trend. |
ADM Chart- and CandleStick Pattern Analysis
ADM Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 70.25 | 66.52 | 3.73 (5.31%) | 18.81% |
| An entry @70.25. This is a Buy Stop order right above the 10 day moving average. | An exit @66.52. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.73 points, which is 5.31%. | When investing 18.81% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ADM Technicals: Chart, Performance Metrics, Trend & Indicators
66.17
-2.47 (-3.6%)
ARCHER-DANIELS-MIDLAND CO / ADM TA FAQ
What is the technical rating for ADM stock?
ChartMill assigns a technical rating of 9 / 10 to ADM.
What is the trend direction for ADM stock?
The current trend direction for ARCHER-DANIELS-MIDLAND CO (ADM) is Bullish.
Can you provide the RSI signal for ARCHER-DANIELS-MIDLAND CO?
ARCHER-DANIELS-MIDLAND CO (ADM) has an RSI value of 49.1307. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ARCHER-DANIELS-MIDLAND CO?
The MACD indicator for ARCHER-DANIELS-MIDLAND CO (ADM) has a value of -0.00777431, indicating a bearish trend.