ANDERSONS INC/THE (ANDE) Technical Analysis
NASDAQ:ANDE • US0341641035
Current stock price
ANDE Technical Rating and Analysis
Overall ANDE gets a technical rating of 10 out of 10. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, ANDE did better than 91% 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 94% of 37 stocks in the same industry.
- ANDE 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 ANDE has a been trading in the 65.49 - 75.69 range, which is quite wide. It is currently trading near the high of this range.
ANDE Weekly and Daily overview Charts
ANDE Setup Rating and Analysis
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. There is a resistance zone just above the current price starting at 74.52. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 71.83, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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.
More info and screens
ANDE Support and Resistance Analysis
62.83
We found 2 important support areas.
- A support zone ranging from 71.46 to 71.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 63.46 to 64.05. 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 74.52 to 74.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
ANDE 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 | 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 | 91.63 | POSITIVE | ANDE has a high relative strength, it outperformed 91.63% 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) | 61.19 | NEUTRAL | The RSI value for ANDE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ANDE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.29 | OVERBOUGHT | The high Stochastics value suggests ANDE may be overbought. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for ANDE suggests some volalility. |
| Average Directional Index/ADX (14) | 19.02 | NEGATIVE | The low ADX value for ANDE suggests a weak or negative trend. |
ANDE Chart- and CandleStick Pattern Analysis
ANDE 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 74.71 | 71.45 | 3.26 (4.36%) | 22.92% |
| An entry @74.71. This is a Buy Stop order right above the resistance zone. | An exit @71.45. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.26 points, which is 4.36%. | For a 1.00% total portfolio risk, you can invest 22.92% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ANDE. Please evaluate whether better entry and exit points can be found.
- 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 Technicals: Chart, Performance Metrics, Trend & Indicators
74.05
-0.47 (-0.63%)
ANDERSONS INC/THE / ANDE TA FAQ
What is the ChartMill technical rating of ANDERSONS INC/THE (ANDE) stock?
ChartMill assigns a technical rating of 10 / 10 to ANDE.
What is the trend direction for ANDE stock?
The current trend direction for ANDERSONS INC/THE (ANDE) is Bullish.
What is the RSI signal for ANDE stock?
ANDERSONS INC/THE (ANDE) has an RSI value of 61.1902. This indicates that the stock is currently neutral.
What is the short term momentum for ANDE stock?
The short term momentum for ANDERSONS INC/THE (ANDE) is positive.
What is the buy/sell signal for ANDE stock?
The buy/sell signal for ANDERSONS INC/THE (ANDE) is buy as both the short term and long term trends are positive.