Symbol:
|
|
|
|
Symbol Lookup |
|
View Technical Chart |
|
Add to Watch List |
|
Candlestick Patterns |
|
Stock
Technical Indicators |
|
Stock Trends Analysis |
|
Market Sector Rank |
|
Stock Trading
Signals |
|
Williams' Percentage Range (W%R) |
Williams' %R is an effective momentum indicator that measures
overbought/oversold levels. Like other indicators, W%R ranges between 0% and
100% , but in opposite to the other indicators, the 0% indicating overbought and
100% - the oversold stocks. W%R measures the closing price in relation to the recent
low/high range. A bullish signal is generated when the W%R has reached 100,
five time bars have elapsed, and the W%R has subsequently fallen to 95. A
reverse signal is considered as bearish. For the sake of simplicity, the W%R
closed above 10% is considered bearish and below 90% - bullish. In trending
markets, the W%R stays at one end of the scale and gives false signals to
trade against the trend. That is why W%R is not considered a stand-along
technique, and it is essential to use it with some sort of trend formation
indicators. The divergence between price and W%R rarely occurs and presents an
important buy/sell signal. As our research shows, the W%R move to upper or lower
bounds can be used as an earliest signal of an impending reversal. Using the Williams %R bullish divergence/bearish divergence, chart patterns, trendlines, support, and resistance lines along with the W%R chart can be very useful.
|
|
|
|
|
|
Advanced TA SearchArchive - 3/15/2024 - Sign In to see current Signals. |
Archer-Daniels-Midland (ADM) Technical Analysis
|
|
| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a third consecutive positive week for the Archer-Daniels-Midland (ADM). During the week, the ADM gained 4.50 points, or 8.21%, and closed at 59.31 on Friday, March 15, 2024. Weekly volume was 166% above average. ADM is a member of Agricultural Products Industry. Agricultural Products is the fourth most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry. Long-term trend: [See ADM long-term trend chart] A long-term uptrend had started on March 23, 2020 at 28.92 and reached 98.88 on April 21, 2022. ADM gained -69.96 points, or -241.91%, in 108 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (101.68) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend. Medium-term trend: [See ADM medium-term trend chart] A medium-term downtrend had started on December 14, 2023 at 77.35 and reached 50.72 on January 25, 2024. ADM lost 26.63 points, or 34.43%, in 6 weeks. The price is now at the 32.26% retracement level. Weekly Technical Indicators: [See ADM weekly technical indicators chart] Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. 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 link to access Lane's Stochastic help. The weekly MACD line is below its signal line since December 15, 2023. This is an indication that the medium-term trend is down. Use the following link to access a MACD help. Short-term trend: [See ADM short-term trend chart] A short-term uptrend had started on January 25, 2024 at 50.72 and reached 59.78 on March 15, 2024. ADM gained -9.06 points, or -17.86%, in 50 days. The price is now at the 5.19% retracement level. Daily Technical Indicators: [See ADM daily technical indicators chart] Daily Relative Strength Index and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index and Lane's Stochastic. Use the following link to access Relative Strength Index help. The daily MACD line is above its signal line since February 7, 2024. This is an indication that the short-term trend is up. During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|