Today ADM.L ranks # as BUY CANDIDATE.
Today ADM.L ranks # as BUY CANDIDATE.

ADM.L stock Archer Daniels Midland Company

ADM.L stock
Archer Daniels Midland Company

22 January 2019
Change 0.00%
Chart period: 2018-10-23 - 2019-01-22
VOLUME
Sell
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy
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Archer Daniels Midland Company Stock Analysis

Technical stock analysis for 22 January 2019

Buy candidate since 2019-01-22
Shorts 3.01% ( 2018-12-31 )
Cash 804.0 mill
Loans 7 493.0 mill
Beta 0.97
ROA 5.81

No changes to the price of Archer Daniels Midland Company in the last trading day. The price has risen in 6 of the last 10 days and is up by 4.46% over the past 2 weeks.

Close price at the end of the last trading day (Tuesday, 22nd Jan 2019) of the ADM.L stock was £2 110.00.

During day the stock fluctuated 0.00% from a day low at £2 110.00 to a day high of £2 110.00.

30 day high of the ADM.L stock price was £2 125.00 and low was £1 952.50.
90 day high was £2 132.00 and low was £1 901.00.
52 week high for the Archer Daniels Midland Company - £2 138.00 and low - £1 794.50.

Trend

Archer Daniels Midland Company lies in the upper part of a weak rising trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at £2 136.56 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 2.71% during the next 3 months and, with 90% probability hold a price between £2 032.22 and £2 194.46 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

Archer Daniels Midland Company holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at £2 078.00 and £2 021.67. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Monday January 21, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

The stock had a Golden Star Signal* on Wednesday November 07, 2018 in the medium-term chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Access today's Top 5 Golden Star Companies

A sell signal from a double top formation was found on Monday January 21, 2019 and based on theory for this formation the price should fall by -163.55% to £1 943.45 within 32 trading days since signal was issued (Wednesday March 06, 2019).

Relative Strength Index (RSI)

RSI14 is 67 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Archer Daniels Midland Company finds support from accumulated volume at £2 084.00.

Support: £2 084.00 Price: £2 110.00

Risk

This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved £0.00 between high and low, or 0.00%. For the last week the stock has had a daily average volatility of 1.02%.

Our recommended stoploss: £2.00 (-3.66%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from pivot top found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.

Today ADM.L ranks # as BUY CANDIDATE.
Today ADM.L ranks # as BUY CANDIDATE.