Trading Signals: ADM Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Dec. 22, 2023)(Archer-Daniels-Midland Company)
| ADM latest price $26.5200 (2.99%) ($25.8900 - $26.9800) on Wed. May. 20, 2009. | |
| | Trend Analysis and Forecast | | | | Average Daily Percentage Swing | 3.23% (three month average) | | RSI | 59 | | Latest Price | $26.5200(2.99%) | | Stocks Behave Similarly | Similar Stock List | | Daily Trend | ADM advances 1.4% a day on average for past five trading days. | | Weekly Trend | ADM advances 1.2% a week on average for past two weeks. | | Market Behavior | Normal for large cap. Normal for small cap. | | Correlated ETFs | Broad market will support ADM advance at 0% a week (0% probability)
SPY(60%) IWM(56%) XLP(56%) EWG(52%) EEM(50%) | | Factors Impacting ADM price | ADM will decline at least -1.615% in a week (0% probabilities).
TLT(-30%) TIP(-10%) SHY(-9%) LQD(3%) IGOV(4%) | | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | | | | Relative Volatility | (options are extremely cheap) | | | | | Market Trend Strength | -1.615% (StdDev 3.23%) | | Hourly BBV | 0 () | | Intraday Trend | 2.1% | | | | | |
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| 5 Day Moving Average | $25.52(3.92%) | | 10 Day Moving Average | $25.59(3.63%) | | 20 Day Moving Average | $25.07(5.78%) | | To recent high | -9.1% | | To recent low | 11.8% | | Market Cap | $14.745b | | | | | | |
Archer-Daniels-Midland Co. processes oilseeds, corn, wheat, cocoa and other agricultural commodities. The company operates through the following segments: Oilseeds Processing, Corn Processing, Wild Flavors & Specialty Ingredients and Agricultural Services. The Oilseeds Processing segment includes activities related to the origination, merchandising, crushing, and further processing of oilseeds such as soybeans and soft seeds, such as cottonseed, sunflower seed, canola, rapeseed, and flaxseed into vegetable oils and protein meals. The Corn Processing segment engages in corn wet milling and dry milling activities; and also converts corn into sweeteners, starches, and bioproducts. The Wild Flavors and Specialty Ingredients segment manufactures, sells, and distributes specialty products including natural flavor ingredients, flavor systems, natural colors, proteins, emulsifiers, soluble fiber, polyols, hydrocolloids, natural health and nutrition products, other specialty food, and feed ingredients. The Agricultural Services segment utilizes its extensive United States grain elevator and global transportation network to buy, store, clean, and transport agricultural commodities, such as oilseeds, corn, wheat, milo, oats, rice and barley. It resells these commodities primarily as food and feed ingredients and as raw materials for the agricultural processing industry. Archer-Daniels-Midland was founded in 1902 and is headquartered in Chicago, IL. |