ARCHER-DANIELS-MIDLAND CO (ADM) Stock Technical Analysis
NYSE:ADM • US0394831020
We assign a technical rating of 10 out of 10 to ADM. Both in the recent history as in the last year, ADM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that ADM is one of the better performing stocks in the market, outperforming 88% of all 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 88 other stocks in this industry. ADM outperforms 88% of them.
- ADM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ADM has a been trading in the 62.40 - 70.09 range, which is quite wide. It is currently trading near the high of this range.
- ADM has an average volume of 3459200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ADM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 67.89, a Stop Loss order could be placed below this zone.
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55.44
4 important support areas can be observed.
- A support zone ranging from 65.43 to 67.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 60.11 to 60.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @57.87 from a horizontal line in the daily time frame.
- Support @56.00 from a horizontal line in the daily time frame.
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 | 88.48 | POSITIVE | ADM has a high relative strength, it outperformed 88.48% off all stocks 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) | 67.11 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 92.1 | OVERBOUGHT | The high Stochastics value suggests ADM may be overbought. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for ADM suggests some volalility. |
| Average Directional Index/ADX (14) | 22.76 | NEUTRAL | The ADX value for ADM suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 70.10 | 65.42 | 4.68 (6.68%) | 14.98% |
| An entry @70.10. This is a Buy Stop order right above the 10 day high. | An exit @65.42. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.68 points, which is 6.68%. | For a 1.00% total portfolio risk, you can invest 14.98% of your capital in this trade. |
- 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.
69.51
+0.01 (+0.01%)
ARCHER-DANIELS-MIDLAND CO / ADM FAQ
What is the technical rating for ADM stock?
ChartMill assigns a technical rating of 10 / 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 67.1088. 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 -0.00961804, indicating a bearish trend.
What is the buy/sell signal for ADM stock?
The buy/sell signal for ARCHER-DANIELS-MIDLAND CO (ADM) is buy as both the short term and long term trends are positive.