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Downtrend Broken Resist.Archive
- 1/10/2025 -
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Archer-Daniels-Midland (ADM) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a first positive week for the Archer-Daniels-Midland (ADM). During the week, the ADM gained 1.04 points, or 2.08%, and closed at 51.09 on Friday, January 10, 2025. It was the best weekly gain since November 29, 2024. Weekly volume was -18% below average.
 Long-term trend: [See ADM long-term trend chart]
A long-term downtrend had started on July 18, 2024 at 66.08 and reached 48.40 on January 8, 2025. ADM lost 17.68 points, or 26.76%, in 24 weeks. The price is now at the 15.21% retracement level.
 Medium-term trend: [See ADM medium-term trend chart]
A medium-term downtrend had started on November 29, 2024 at 54.76 and reached 48.40 on January 8, 2025. ADM lost 6.36 points, or 11.61%, in 5 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (47.79) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a medium-term trend.
 Weekly Technical Indicators: [See ADM weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. Weekly Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 weekly MACD line is below its signal line since October 4, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 8, 2025 at 48.40 and reached 51.52 on January 10, 2025. ADM gained -3.12 points, or -6.45%, in 2 days. The price is now at the 13.78% retracement level.
 Daily Technical Indicators: [See ADM daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since January 7, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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