Technical Analysis for ADM - Archer-Daniels-Midland Company

Grade Last Price % Change Price Change
F 60.45 -0.26% -0.16
ADM closed down 0.26 percent on Friday, June 28, 2024, on 2.76 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. It ran into resistance at its 50 day moving average.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Flat

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
20 DMA Resistance Bearish -0.26%
50 DMA Resistance Bearish -0.26%
NR7 Range Contraction -0.26%
20 DMA Resistance Bearish -0.36%
50 DMA Resistance Bearish -0.36%
MACD Bearish Centerline Cross Bearish -0.36%
MACD Bearish Signal Line Cross Bearish -0.36%

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Archer-Daniels-Midland Company Description

Archer-Daniels-Midland Company manufactures and sells protein meal, vegetable oil, corn sweeteners, flour, biodiesel, ethanol, and other value-added food and feed ingredients; and processes oilseeds, corn, wheat, cocoa, and other agricultural commodities. The company's Oilseeds Processing segment originates, merchandises, crushes, and processes oilseeds, such as soybeans and soft seeds into vegetable oils and protein meals. Its products include oilseeds products; crude vegetable and salad oils; margarine, shortening, and other food products; partially refined oils; oilseed protein meals; cottonseed flour; and cotton cellulose pulp. This segment also blends fertilizers; procures and processes cocoa beans into cocoa liquor, cocoa butter, cocoa powder, chocolate, and various compounds; and supplies peanuts and peanut-derived ingredients, and agricultural commodity raw materials. Its Corn Processing segment converts corn into sweeteners, starches, and bio products. Its products include sweeteners, starch, syrup, glucose, and dextrose; alcohol, amino acids, and other specialty food and animal feed ingredients; ethyl alcohol; corn gluten feed and meals, and distillers' grains; citric and lactic acids, lactates, sorbitol, xanthan gum, and glycols; propylene and ethylene glycol; and sugarcane ethanol. The company's Agricultural Services segment engages in buying, storing, cleaning, and transporting agricultural commodities, such as oilseeds, corn, wheat, milo, oats, rice, and barley; and reselling those commodities primarily as food and feed ingredients. This segment is also involved in the merchandising of agricultural commodities and processed products; origination and processing of wheat flour; and processing and distribution of formula feeds, animal health and nutrition products, and edible beans. Archer-Daniels-Midland Company also engages in futures commission merchant business. The company was founded in 1898 and is headquartered in Decatur, Illinois.


Classification

Sector: Consumer Defensive
Industry: Farm Products
Keywords: S&P 500 Acid Alcohol Food Products Merchandising Foods Soybean Wheat Animal Health Glucose Animal Feed Flour Meals Cotton Chocolate Maize Biodiesel Nutrition Products Syrup Vegetable Oil Cellulose Sugarcane Energy Crops Cooking Oil Peanut Physical Objects Staple Foods Gluten Amino Acids Processed Products

Is ADM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 84.7959
52 Week Low 49.8374
Average Volume 4,254,536
200-Day Moving Average 64.45
50-Day Moving Average 60.84
20-Day Moving Average 61.04
10-Day Moving Average 60.64
Average True Range 1.24
RSI (14) 47.37
ADX 9.21
+DI 16.92
-DI 18.21
Chandelier Exit (Long, 3 ATRs) 59.07
Chandelier Exit (Short, 3 ATRs) 62.19
Upper Bollinger Bands 62.56
Lower Bollinger Band 59.52
Percent B (%b) 0.31
BandWidth 4.97
MACD Line -0.06
MACD Signal Line -0.02
MACD Histogram -0.0446
Fundamentals Value
Market Cap 32.24 Billion
Num Shares 533 Million
EPS 7.19
Price-to-Earnings (P/E) Ratio 8.41
Price-to-Sales 0.29
Price-to-Book 1.12
PEG Ratio 16.43
Dividend 1.75
Dividend Yield 2.89%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 61.53
Resistance 3 (R3) 61.57 61.25 61.35
Resistance 2 (R2) 61.25 60.97 61.23 61.29
Resistance 1 (R1) 60.85 60.81 60.69 60.81 61.23
Pivot Point 60.53 60.53 60.45 60.51 60.53
Support 1 (S1) 60.13 60.25 59.97 60.09 59.67
Support 2 (S2) 59.81 60.09 59.79 59.61
Support 3 (S3) 59.41 59.81 59.55
Support 4 (S4) 59.37