ANDERSONS INC/THE (ANDE) Technical Analysis
NASDAQ:ANDE • US0341641035
Current stock price
ANDE Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to ANDE. 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.
- 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 92% of all other stocks. On top of that, ANDE also shows a nice and consistent pattern of rising prices.
- ANDE is part of the Consumer Staples Distribution & Retail industry. There are 38 other stocks in this industry. ANDE outperforms 97% of them.
- 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 61.67 - 71.54 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ANDE Weekly and Daily overview Charts
ANDE Setup Rating and Analysis
Although ANDE has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ANDE Support and Resistance Analysis
59.25
3 important support areas can be observed.
- A support zone ranging from 65.39 to 66.69. 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 63.57 to 64.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @59.85 from a trend line in the daily time frame.
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 | 92.7 | POSITIVE | ANDE has a high relative strength, it outperformed 92.7% 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) | 68.81 | NEUTRAL | The RSI value for ANDE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests ANDE has a positive trend. |
| Stochastics (14,3) | 93.93 | OVERBOUGHT | The high Stochastics value suggests ANDE may be overbought. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for ANDE suggests some volalility. |
| Average Directional Index/ADX (14) | 23.35 | NEUTRAL | The ADX value for ANDE suggests a possible start of a new trend. |
ANDE Chart- and CandleStick Pattern Analysis
ANDE Technicals: Chart, Performance Metrics, Trend & Indicators
70.74
-0.5 (-0.7%)
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.
Can you provide the RSI signal for ANDERSONS INC/THE?
ANDERSONS INC/THE (ANDE) has an RSI value of 68.8138. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ANDERSONS INC/THE?
The short term momentum for ANDERSONS INC/THE (ANDE) is positive.
Can you provide the support and resistance levels for ANDERSONS INC/THE?
ANDERSONS INC/THE (ANDE) has a support level at 66.69. Check the full technical report for our detailed analysis of ANDE support and resistance levels.