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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ANDE is a bad performer in the overall market: 85% of all stocks are doing better.
ANDE is part of the Consumer Staples Distribution & Retail industry. There are 41 other stocks in this industry, of which 77% are performing better than ANDE.
ANDE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ANDE is lagging the market.
In the last month ANDE has a been trading in the 33.20 - 37.10 range, which is quite wide. It is currently trading near the high of this range.
ANDE has a poor technical rating and the quality of the setup is also only medium 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
When analyzing the support we can see 3 important areas.
- A support zone ranging from 36.32 to 36.36. 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 35.01 to 35.24. 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 34.00 to 34.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 36.48 to 36.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @40.49 from a trend line in the weekly time frame.
- Resistance @45.67 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 | NEUTRAL | NEUTRAL | The short term trend for ANDE is neutral. |
| ChartMill Relative Strength | 15.6 | NEGATIVE | ANDE has a low relative strength, it was outperformed by 84.4% 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) | DOWN | MIXED | The current price of ANDE is above a declining 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) | 55.21 | NEUTRAL | The RSI value for ANDE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests ANDE has a positive trend. |
| Stochastics (14,3) | 79.14 | NEUTRAL | The Stochastics value for ANDE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for ANDE suggests some volalility. |
| Average Directional Index/ADX (14) | 24.05 | NEUTRAL | The ADX value for ANDE suggests a possible start of a new 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)
36.47
+0.81 (+2.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg2.27%
1 Week5.19%
2 Weeks2.7%
1 Month2.91%
3 Month-12.98%
6 Month-18.94%
12 Month-24.43%
2 Year-20.98%
3 Year10.55%
5 Year165.04%
10 Year-6.49%
15 Year67.86%
Volatility
ATR(14)0.99
ATR(20)%2.64%
ATR Inc86.52%
Range Today2.39
ADR(20)0.92
ADR(20)%2.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.6
Mansfield-2.11
10 Day High37.1
10 Day Low34.06
20 Day High37.1
20 Day Low33.2
52 Week High55.52
52 Week Low31.03
CS1 End36.36
CR1 Start36.48
Volume & EV
DER(3)2.44%
DER(5)4.86%
Volume343.30K
Volume Incr4.18%
Vol(5)286.02K
Vol(50)302.71K