ARCHER-DANIELS-MIDLAND CO (ADM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ADM - US0394831020 - Common Stock
We assign a technical rating of 4 out of 10 to ADM. ADM has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
ADM has only a medium technical rating, but it does show 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 57.72, a Stop Loss order could be placed below this zone.
More info and screens
55.43
We found 2 important support areas.
- A support zone ranging from 56.97 to 57.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @55.99 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 59.26 to 61.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 62.94 to 64.22. 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 | NEUTRAL | NEUTRAL | The short term trend for ADM is neutral. |
| ChartMill Relative Strength | 60.33 | 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) | DOWN | NEGATIVE | The current price of ADM is below a declining 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) | 46.64 | NEUTRAL | The RSI value for ADM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests ADM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.67 | NEUTRAL | The Stochastics value for ADM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for ADM suggests some volalility. |
| Average Directional Index/ADX (14) | 13.29 | NEGATIVE | The low ADX value for ADM suggests a weak or negative trend. |
59.01
-0.35 (-0.59%)
ARCHER-DANIELS-MIDLAND CO / ADM FAQ
What is the technical rating for ADM stock?
ChartMill assigns a technical rating of 4 / 10 to ADM.
What is the current trend direction of ARCHER-DANIELS-MIDLAND CO (ADM) stock?
The current trend direction for ARCHER-DANIELS-MIDLAND CO (ADM) is Bullish.
What is the RSI signal for ADM stock?
ARCHER-DANIELS-MIDLAND CO (ADM) has an RSI value of 46.6383. 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 0.126232, indicating a bearish trend.
What is the support and resistance level for ADM stock?
ARCHER-DANIELS-MIDLAND CO (ADM) has a support level at 57.72 and a resistance level at 59.26. Check the full technical report for our detailed analysis of ADM support and resistance levels.