Stronger Sell Today ADM.L ranks #3846 as SELL CANDIDATE. Weaker Sell
Today ADM.L ranks #3846 as SELL CANDIDATE.

ADM.L stock Archer Daniels Midland Company

ADM.L stock
Archer Daniels Midland Company

March 22, 2019
Change -0.83%
Chart period: 2018-12-24 - 2019-03-22
VOLUME
Sell
TREND
Buy

MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

Will ADM.L stock price go up or down on Tue, 26 Mar 2019?

Archer Daniels Midland Company Forecast and Stock Analysis

Technical ADM.L stock analysis for March 22, 2019.

Sell candidate since 2019-03-22
Shorts 2.36% ( 2019-02-28 )
Cash n/a
Loans n/a
Beta 0.96
ROA 4.48

Archer Daniels Midland Company fell by -0.83% in the last day from £2 160.00 to £2 142.00 The price has risen in 6 of the last 10 days and is up by 0.09% over the past 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -183 633 shares and in total 372 037 shares bought and sold for approximately £796.90 million.

Close price at the end of the last trading day (Friday, 22nd Mar 2019) of the ADM.L stock was £2 142.00. This is 0.83% less than the trading day before Thursday, 21st Mar 2019.

During day the stock fluctuated 1.31% from a day low at £2 141.00 to a day high of £2 169.00.

30 day high of the ADM.L stock price was £2 227.00 and low was £2 052.00.
90 day high was £2 227.00 and low was £1 952.50.
52 week high for the Archer Daniels Midland Company - £2 227.00 and low - £1 823.00.

Trend

Archer Daniels Midland Company lies in the lower part of a weak rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at £2 120.59 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 8.88% during the next 3 months and, with 90% probability hold a price between £2 308.90 and £2 451.98 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

There are few to none technical positive signals at the moment. Archer Daniels Midland Company holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at £2 165.29 and £2 157.63. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Friday March 15, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

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

Relative Strength Index (RSI)

RSI14 is 43 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 £2 140.00.

Support: £2 140.00 Price: £2 142.00 Resistance: £2 146.00

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved £28.00 (1.31%) between high and low. For the last week, the stock has had a daily average volatility of 1.46%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High

Evaluation: Sell Candidate

The Archer Daniels Midland Company stock holds several negative signals and despite the positive trend we believe Archer Daniels Midland Company will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Strong Buy Candidate to a Sell Candidate.

Stronger Sell Today ADM.L ranks #3846 as SELL CANDIDATE. Weaker Sell
Today ADM.L ranks #3846 as SELL CANDIDATE.