ANDERSONS INC/THE (ANDE) Stock Technical Analysis
USA - NASDAQ:ANDE - US0341641035 - Common Stock
Taking everything into account, ANDE scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, ANDE has proven to be a steady performer, scoring decent points in every aspect analyzed.
ANDE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
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33.67
6 important support areas can be observed.
- A support zone ranging from 49.02 to 49.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @43.04 from a trend line in the daily time frame.
- Support @41.09 from a horizontal line in the daily time frame.
- A support zone ranging from 38.04 to 38.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @35.78 from a trend line in the weekly time frame.
- A support zone ranging from 34.01 to 34.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @50.39 from a horizontal line in the weekly 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 ANDE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ANDE is up. |
| ChartMill Relative Strength | 81.66 | POSITIVE | ANDE has a high relative strength, it outperformed 81.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ANDE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ANDE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ANDE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.51 | NEUTRAL | The RSI value for ANDE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests ANDE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.57 | NEUTRAL | The Stochastics value for ANDE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for ANDE suggests some volalility. |
| Average Directional Index/ADX (14) | 23 | NEUTRAL | The ADX value for ANDE suggests a possible start of a new trend. |
50.08
+1.05 (+2.14%)
ANDERSONS INC/THE / ANDE FAQ
What is the ChartMill technical rating of ANDERSONS INC/THE (ANDE) stock?
ChartMill assigns a technical rating of 9 / 10 to ANDE.
Can you provide the trend direction for ANDERSONS INC/THE?
The current trend direction for ANDERSONS INC/THE (ANDE) is Bullish.
Can you provide the RSI signal for ANDERSONS INC/THE?
ANDERSONS INC/THE (ANDE) has an RSI value of 64.5076. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ANDERSONS INC/THE?
The MACD indicator for ANDERSONS INC/THE (ANDE) has a value of -0.119341, indicating a bearish trend.
What is the short term momentum for ANDERSONS INC/THE (ANDE) stock?
The short term momentum for ANDERSONS INC/THE (ANDE) is positive.