The Greedy Trader Weekly Analysis
Sign In Jan 14, 2022
Skip Navigation Links
TA Search
Price vs. Upper Bollinger Band:Crossover
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Bollinger Band crossover - Stock market timing signal.
The Bollinger bands indicator developed by John Bollinger in the early 1980s is one of the most popular and powerful trading tools. These bands are charted two standard deviations away from a simple moving average, and they provide a relative definition of high and low. Bollinger bands trading technique uses one band as an entry point exit of the other. The center band presents a neutral support/resistance level. As with most indicators, signals generated by bollinger band crossover should be confirmed using complimentary indicators.
bollinger bands,bollinger band crossover,stock market timing signal,bollinger band indicator screener

Advanced TA Search

Archive
- 1/7/2022 -
Sign In to see current Signals.

Archer-Daniels-Midland (ADM)

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken uptrend resistance line - uptrend exhaustionBroken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is strongly overboughtLane's Stochastic and MACD bearish divergence
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overbought
Move cursor over the icon to see details.

It was a fifth positive week after 3 consecutive negative weeks for the Archer-Daniels-Midland (ADM). During the week, the ADM gained 2.22 points, or 3.28%, and closed at 69.81 on Friday, January 7, 2022. It was the best weekly gain since October 22, 2021. Weekly volume was -6% below average.

ADM is a member of Consumer Staples Sector. Consumer Staples is the most overbought sector. 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 69.86 on January 7, 2022. ADM gained -40.94 points, or -141.56%, in 93 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (64.98) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 long-term trend.

Medium-term trend: [See ADM medium-term trend chart]
A medium-term uptrend had started on July 19, 2021 at 56.91 and reached 69.86 on January 7, 2022. ADM gained -12.95 points, or -22.76%, in 24 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (63.50) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Weekly Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic and MACD bearish 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 above its signal line since December 23, 2021. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 December 20, 2021 at 63.04 and reached 69.86 on January 7, 2022. ADM gained -6.82 points, or -10.82%, in 18 days. Price is near the trend high.

Daily Technical Indicators: [See ADM daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range.

The daily MACD line is above its signal line since December 13, 2021. This is an indication that the short-term trend is up.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 76.90
Williams' Percentage Range (W%R) 7.60
Strong Overbought
Lane's Stochastic (%D-Slow) 89.79
Overbought
Greed/Fear Indicator (GFI) 86.35
Overbought
Moving Average Converg./Diverg. (MACD) 0.85
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 72.79
Williams' Percentage Range (W%R) 4.50
Strong Overbought
Lane's Stochastic (%D-Slow) 69.33
Bearish
Greed/Fear Indicator (GFI) 74.38
Moving Average Converg./Diverg. (MACD) 1.47 Bearish
Trading Signals
Description Value Chart
Monthly Trendline Resistance 72.42
Upper Bollinger Band 70.44
Price 69.81
Daily Stochastic Crossing 69.50
Quarterly Trendline Resistance 69.14
Weekly Stochastic Crossing 67.92
Parabolic System 66.41
20 Day Moving Average 66.39
Yearly Trendline Resistance 66.22
50 Day Moving Average 65.33
Yearly Trendline Support 64.98
Monthly Trendline Support 64.45
Quarterly Trendline Support 63.50
Lower Bollinger Band 63.22
Sector and Industry
Description Name Rank
Sector Consumer Staples 12
Industry Agricultural Products 112
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 63.04
Low Date 12/20/2021
High 69.86
High Date 01/07/2022
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 63.04
Low Date 12/20/2021
High 69.86
High Date 01/07/2022
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 72.42
Support 64.45
Low 61.80
Low Date 12/01/2021
High 69.86
High Date 01/07/2022
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 69.14
Support 63.50
Low 56.91
Low Date 07/19/2021
High 69.86
High Date 01/07/2022
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 66.22
Support 64.98
Low 28.92
Low Date 03/23/2020
High 69.86
High Date 01/07/2022
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.

Copyright© 2004-2018 All rights reserved.