The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 10/2/2026 -
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Archer-Daniels-Midland (ADM) Technical Analysis

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Summary:
Weekly :Trend support at 79.60Trend support at 79.66
Daily :Lane's Stochastic oversoldWilliams' Percentage Range is strongly oversoldA Parabolic SAR indicator is below and near the price
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It was the negative week for the Archer-Daniels-Midland (ADM). During the week, the ADM gave back -0.67 points, or -0.83%, and closed at 80.45 on Friday, October 2, 2026. Weekly volume was -19% below average.

Long-term trend: [See ADM long-term trend chart]
A long-term uptrend had started on April 9, 2025 at 40.98 and reached 88.75 on September 10, 2026. ADM gained -47.77 points, or -116.57%, in 74 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (79.60) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.

Medium-term trend: [See ADM medium-term trend chart]
A medium-term uptrend had started on November 10, 2025 at 55.58 and reached 88.75 on September 10, 2026. ADM gained -33.17 points, or -59.68%, in 43 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (79.66) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.

Weekly Technical Indicators: [See ADM weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since September 18, 2026. Use the following link to access a MACD help.

Short-term trend: [See ADM short-term trend chart]
A short-term downtrend had started on September 10, 2026 at 88.75 and reached 78.10 on October 1, 2026. ADM lost 10.65 points, or 12%, in 21 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 77.49 and resistance is at 86.56. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.

Daily Technical Indicators: [See ADM daily technical indicators chart]
Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is below its signal line since September 18, 2026. This is an indication that the short-term trend is down.

A Parabolic SAR (stop and reversal) indicator (80.95) comes close to the price (80.45). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 29.56
Williams' Percentage Range (W%R) 94.60
Strong Oversold
Lane's Stochastic (%D-Slow) 15.43
Oversold
Greed/Fear Indicator (GFI) 16.78
Oversold
Moving Average Converg./Diverg. (MACD) -0.13
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 55.20
Williams' Percentage Range (W%R) 58.80
Lane's Stochastic (%D-Slow) 60.35
Greed/Fear Indicator (GFI) 50.87
Moving Average Converg./Diverg. (MACD) 3.70
Trading Signals
Description Value Chart
Monthly Trendline Resistance 94.37
Upper Bollinger Band 87.73
Weekly Trendline Resistance 86.56
Weekly Stochastic Crossing 83.56
20 Day Moving Average 83.53
50 Day Moving Average 81.88
Parabolic System 80.95
Price 80.45
Quarterly Trendline Support 79.66
Yearly Trendline Support 79.60
Daily Stochastic Crossing 79.04
Weekly Trendline Support 77.49
Lower Bollinger Band 76.48
Monthly Trendline Support 76.06
Sector and Industry
Description Name Rank
Sector Consumer Staples 3
Industry Agricultural Products 89
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 78.10
Low Date 10/01/2026
High 80.86
High Date 10/02/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 86.56
Support 77.49
High 88.75
High Date 09/10/2026
Low 78.10
Low Date 10/01/2026
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Ascending Wedge
Status Valid
Resistance 94.37
Support 76.06
Low 75.77
Low Date 08/07/2026
High 88.75
High Date 09/10/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Support
Resistance 98.24
Support 79.66
Low 55.58
Low Date 11/10/2025
High 88.75
High Date 09/10/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Support
Resistance 96.78
Support 79.60
Low 40.98
Low Date 04/09/2025
High 88.75
High Date 09/10/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.