ANDE Technical Analysis - ANDERSONS INC/THE

Technical Rating and Analysis

Overall ANDE gets a technical rating of 2 out of 10. In the last year, ANDE was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.

83% of all other stocks performed better in the past year than ANDE.

ANDE is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 69% of 40 stocks in the same industry do better.

In the last month ANDE has a been trading in the 37.69 - 42.36 range, which is quite wide. It is currently trading near the lows of this range.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.

ANDE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ANDE is lagging the market.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

ANDERSONS INC/THE / ANDE Weekly stock chart

ANDERSONS INC/THE / ANDE Daily stock chart

Setup Rating and Analysis

ANDE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 40.27. Right above this resistance zone may be a good entry point.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

33.66

41.92

When analyzing the support we can see 3 important areas.

Support @36.32 from a trend line in the daily time frame.
Support @34.62 from a horizontal line in the daily time frame.
A support zone ranging from 34.00 to 34.01. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

A resistance zone ranging from 40.27 to 41.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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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	NEUTRAL	NEUTRAL	The long term trend for ANDE is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for ANDE is neutral.
ChartMill Relative Strength	17.81	NEGATIVE	ANDE has a low relative strength, it was outperformed by 82.19% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of ANDE is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of ANDE is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of ANDE is below a declining SMA(200).
Relative Strength Index/RSI (14)	44.06	NEUTRAL	The RSI value for ANDE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.34	NEGATIVE	The MACD value suggests ANDE has a negative trend.
Stochastics (14,3)	21.94	NEUTRAL	The Stochastics value for ANDE is a neutral value.
Average True Range in percent/ATR (20)	2.95	MEDIUM VOLATILITY	The ATR as a percentage value for ANDE suggests some volalility.
Average Directional Index/ADX (14)	13.45	NEGATIVE	The low ADX value for ANDE suggests a weak or negative trend.