Archer Daniels Midland Co. ( NYSE:ADM ), the agricultural powerhouse based in Chicago, saw a surge in its stock price after announcing the completion of an internal investigation into accounting irregularities within its nutrition business. While this development removed a significant overhang on the stock, ADM faces challenges as its fourth-quarter earnings fell...
Archer-Daniels-Midland is sitting at the HOP level of a Bullish Gartley aligning with support with a Bullish Harami Visible on the Weekly Timeframe after setting record-breaking weekly volume into the test of the Support Zone.
ADM will close and confirm the Weekly Harami in less than an hour and from there we would expect to see ADM make an effort to fill the...
Dear traders,
ADM is too oversold, lets find entry orders at least with a target to fill the gap around 70,
The general trend is bullish and it already touched the previous level of resistance, which is a good level for thinking in open a buying position.
best of trading,
Shares of Advanced Micro Devices, Inc (symbol ‘AMD’) rose by around 10% in the third quarter of the year. The company’s earnings report for the fiscal quarter ending December 2023 is expected to be released on Tuesday 30th of January, after market close. The consensus EPS is $0.58, against $0.54 of the same quarter last year.
‘ The company reached a new all...
Archer Daniels Midland ( NYSE:ADM ) Faces Investor Skepticism and Downgraded Ratings Following Accounting Investigation"
In a shocking turn of events, Archer Daniels Midland ( NYSE:ADM ), one of the major players in the international grain trading and processing industry, has placed its Chief Financial Officer (CFO), Vikram Luthar, on administrative leave amid an...
Although there is a cup-handle formation on the chart, the targets are drawn according to Fibonacci. Pay attention to the wedge resistance in the weekly time frame.
We have a Piercing Line with Bullish Divergence on the 3 Day near the 200 SMA at the PCZ of a Bullish Deep Cypher that if plays out could take it up to the level of $97 but if we're being realistic probably at least $100.
Trend Line up in white shows that the bearish top is in.
The double top will act as the first one did, pushing price down to the up trend line.
The bars pattern tool shows my thoughts for price following this double top.
A strong downtrend is evident on ADM on this hourly chart
I think price will be rejected and continue along this trend line that can be drawn with a low at 68
Hello,
Archer-Daniels-Midland Co. engages in the production of oilseeds, corn, wheat, cocoa, and other agricultural commodities. It operates through the following segments: Ag Services and Oilseeds, Carbohydrate Solutions, Nutrition, and Other.
The company has indicated that in March will permanently close its flour mill in New Braunfels, Texas, following a...
The PEAD projected a Bullish outlook for $ADM after a POsitive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 90%.
I can't help but clearly see the large double top formation, and when this happens my gut tells me not to ignore it since they tend to have a very high rate of success playing out correctly, double tops (M) and double bottoms (W). Double Tops = downtrend upcoming and Double Bottom = uptrend upcoming
It looks as if shorting to the target of $41 would be a good...
Clear signs of a inverse head and shoulders pattern. Low angle neckline feature, signals a weaker bullish trend. Additional patterns of 2 bars of indecision putting a halt on the previous bullish push, followed by a "Dark Cloud Cover" candlestick pattern. if ADM closes in red for the following day, we would expect a bearish trend to support. On either event, good...
Mirror projection on monthly chart. "Mid"-point = 69. Lowest range = Black Monday. Level 69 significance could also be identified by fibonacci extension: low of 2000 to 2008 peak.
Related market: BG
