ANDERSONS INC/THE (ANDE)

US0341641035 - Common Stock

57.38  -0.13 (-0.23%)

After market: 57.38 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to ANDE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ANDE is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ANDE did better than 83% of all other stocks. We also observe that the gains produced by ANDE over the past year are nicely spread over this period.
ANDE is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 85% of 41 stocks in the same industry.
ANDE is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ANDE is leading the market.
In the last month ANDE has a been trading in the 52.73 - 58.76 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
ANDE Weekly chart
ANDE Daily chart
Setup Rating and Analysis

8

ANDE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 55.50, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ANDE in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

48.05

59.17

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 54.57 to 55.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 53.01 to 53.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 51.25 to 51.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 48.54 to 49.22. This zone is formed by a combination of multiple trend lines in the weekly time frame.

2 important resistance areas can be observed.

  • Resistance @57.55 from a horizontal line in the weekly time frame.
  • Resistance @58.58 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.28
Mansfield0.33
10 Day High58.76
10 Day Low55.56
20 Day High58.76
20 Day Low52.73
52 Week High58.84
52 Week Low35.69
Performance
1 Week-1.17%
2 Weeks1.7%
1 Month7.49%
3 Month8.65%
6 Month16.48%
12 Month29.82%
2 Year14.23%
3 Year99.79%
5 Year75.47%
10 Year-7.88%
15 Year435.59%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)56.86
LBB55.89
UBB58.47
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.

ENTRYEXITDISTANCECAPITAL
57.5655.552.01 (3.50%)25.00%
An entry @57.56. This is a Buy Stop order right above the resistance zone.An exit @55.55. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 2.01 points, which is 3.50%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.88%.

  • 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.
ANDE Daily chart

ANDERSONS INC/THE

NASDAQ:ANDE (4/15/2024, 3:30:00 PM)

After market: 57.38 0 (0%)

57.38

-0.13 (-0.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-0.23%
1 Week-1.17%
2 Weeks1.7%
1 Month7.49%
3 Month8.65%
6 Month16.48%
12 Month29.82%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.3
ATR(20)%2.33%
ATR Inc
Range Today1.72
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High58.76
10 Day Low55.56
20 Day High58.76
20 Day Low52.73
52 Week High58.84
52 Week Low35.69
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume153.85K
Volume Incr-12.15%
Vol(5)167.25K
Vol(50)179.67K