ANDERSONS INC/THE (ANDE) Stock Technical Analysis
NASDAQ:ANDE - Nasdaq - US0341641035 - Common Stock - Currency: USD
Overall ANDE gets a technical rating of 1 out of 10. ANDE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ANDE is a bad performer in the overall market: 86% of all stocks are doing better.
ANDE is part of the Consumer Staples Distribution & Retail industry. There are 40 other stocks in this industry, of which 79% are performing better than ANDE.
ANDE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ANDE has a been trading in the 31.84 - 39.11 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of ANDE is bad and it also does not present a quality setup 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
33.66
49.42
We found 1 important support area.
- Support @34.00 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 35.88 to 36.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 37.97 to 38.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @45.89 from a trend line in the daily time frame.
- Resistance @48.93 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for ANDE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ANDE is down. |
| ChartMill Relative Strength | 14.21 | NEGATIVE | ANDE has a low relative strength, it was outperformed by 85.79% 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) | UP | MIXED | The current price of ANDE is below the rising 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) | 36.3 | NEUTRAL | The RSI value for ANDE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests ANDE has a negative trend. |
| Stochastics (14,3) | 21.28 | NEUTRAL | The Stochastics value for ANDE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for ANDE suggests some volalility. |
| Average Directional Index/ADX (14) | 14.07 | NEGATIVE | The low ADX value for ANDE suggests a weak or negative trend. |
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)
34.63
-0.02 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-0.06%
1 Week-5.51%
2 Weeks-5.38%
1 Month-9.16%
3 Month-0.07%
6 Month-14.18%
12 Month-26.44%
2 Year-32.57%
3 Year-6.48%
5 Year95.32%
10 Year-2.12%
15 Year44.77%
Volatility
ATR(14)1.3
ATR(20)%3.61%
ATR Inc139.79%
Range Today3.57
ADR(20)1.22
ADR(20)%3.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.21
Mansfield-2.38
10 Day High37.71
10 Day Low31.84
20 Day High39.11
20 Day Low31.84
52 Week High51.58
52 Week Low31.03
CS1 End34
CR1 Start35.88
Volume & EV
DER(3)1.22%
DER(5)0.6%
Volume572.00K
Volume Incr51.99%
Vol(5)402.80K
Vol(50)309.81K