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.

Archive
- 7/2/2026 -
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Archer-Daniels-Midland (ADM) Technical Analysis

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Summary:
Weekly :Weekly  MACD line has moved below its signal line
Daily :The price has fallen below the Parabolic SARTrend resistance at 76.24
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During the week, the ADM has not change and closed at 76.79 on Thursday, July 2, 2026. Weekly volume was -22% 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 85.37 on June 3, 2026. ADM gained -44.39 points, or -108.32%, in 60 weeks. The price is now at the 19.33% retracement level.

Medium-term trend: [See ADM medium-term trend chart]
A medium-term uptrend had started on November 10, 2025 at 55.58 and reached 85.37 on June 3, 2026. ADM gained -29.79 points, or -53.60%, in 29 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 71.13 and resistance is at 88.11. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

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

During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. 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 June 3, 2026 at 85.37 and reached 71.62 on June 24, 2026. ADM lost 13.75 points, or 16.11%, in 21 days. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (76.24). The resistance is usually stronger when technical indicators are overbought. 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 resistance line in a short-term trend.

Daily Technical Indicators: [See ADM daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since June 5, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. 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) 40.85
Williams' Percentage Range (W%R) 61.30
Lane's Stochastic (%D-Slow) 72.93
Greed/Fear Indicator (GFI) 50.83
Moving Average Converg./Diverg. (MACD) -0.39
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.42
Williams' Percentage Range (W%R) 42.70
Lane's Stochastic (%D-Slow) 64.70
Greed/Fear Indicator (GFI) 58.54
Moving Average Converg./Diverg. (MACD) 4.24
Trading Signals
Description Value Chart
Monthly Trendline Resistance 88.11
Upper Bollinger Band 82.04
Weekly Stochastic Crossing 79.67
20 Day Moving Average 78.06
50 Day Moving Average 77.80
Parabolic System 77.67
Price 76.79
Daily Stochastic Crossing 76.48
Weekly Trendline Resistance 76.24
Lower Bollinger Band 72.98
Monthly Trendline Support 71.13
Weekly Trendline Support 67.40
Sector and Industry
Description Name Rank
Sector Consumer Staples 5
Industry Agricultural Products 68
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 71.62
Low Date 06/24/2026
High 78.13
High Date 06/26/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 76.24
Support 67.40
High 85.37
High Date 06/03/2026
Low 71.62
Low Date 06/24/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 88.11
Support 71.13
Low 55.58
Low Date 11/10/2025
High 85.37
High Date 06/03/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 40.98
Low Date 04/09/2025
High 85.37
High Date 06/03/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 98.88
High Date 04/21/2022
Low 40.98
Low Date 04/09/2025
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.