The Greedy Trader Weekly Analysis
Sign In Nov 27, 2020
Skip Navigation Links
Number of records: 6
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Uptrend Exhaustion
Uptrend Exhaustion 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. Stock market alert is a warning signal. Uptrend Exhaustion alert indicates that long term uptrend is exhausted and probability of long term trend reversal is high. Uptrend exhaustion stock market alert presents relatively low to medium risk - high reword stock pick for overvalued stocks.

The strategy is based on selling (or taking a short) position on anticipation of uptrend reversal.
Stock trend chart following long term trend analysis and trend following indicator.
trend following,stock trend chart,trend following indicator,following long term trend

Archer-Daniels-Midland (ADM)

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance line
Daily :Daily  MACD line has moved below its signal lineMACD bullish divergenceThe price has declined below the moving average in the center of the Bollinger BandsPrice is close to the 50 Day Moving Average
Move cursor over the icon to see details.

It was the negative week for the Archer-Daniels-Midland (ADM). During the week, the ADM dropped -1.26 points, or -2.53%, and closed at 48.61 on Friday, November 20, 2020. Weekly volume was -31% below average.

Long-term trend: [See ADM long-term trend chart]
A long-term downtrend had started on October 8, 2018 at 52.07 and reached 28.92 on March 23, 2020. ADM lost 23.15 points, or 44.46%, in 76 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (20.77) 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 long-term trend.

Medium-term trend: [See ADM medium-term trend chart]
A medium-term uptrend had started on March 23, 2020 at 28.92 and reached 52.05 on October 23, 2020. ADM gained -23.13 points, or -79.98%, in 30 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 47.39 and resistance is at 53.89. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.

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

The weekly MACD line is above its signal line since May 29, 2020. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 November 16, 2020 at 50.65 and reached 48.12 on November 19, 2020. ADM lost 2.53 points, or 5.00%, in 3 days. The price is now at the 19.37% retracement level.

Daily Technical Indicators: [See ADM daily technical indicators chart]
Daily technical indicators are neutral. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD 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.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has declined below 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.

Price is close to the 50 Day Moving Average. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.27
Williams' Percentage Range (W%R) 51.10
Lane's Stochastic (%D-Slow) 47.70
Greed/Fear Indicator (GFI) 48.97
Moving Average Converg./Diverg. (MACD) 0.29 Bullish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.77
Williams' Percentage Range (W%R) 23.40
Lane's Stochastic (%D-Slow) 67.77
Greed/Fear Indicator (GFI) 66.48
Moving Average Converg./Diverg. (MACD) 2.20
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 53.89
Upper Bollinger Band 51.71
Monthly Trendline Support 51.60
Monthly Trendline Resistance 50.06
Weekly Stochastic Crossing 49.59
Daily Stochastic Crossing 49.12
20 Day Moving Average 49.12
Price 48.61
50 Day Moving Average 48.55
Quarterly Trendline Support 47.39
Parabolic System 47.06
Lower Bollinger Band 46.69
Yearly Trendline Resistance 43.39
Sector and Industry
Description Name Rank
Sector Consumer Staples 3
Industry Agricultural Products 78
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 50.65
High Date 11/16/2020
Low 48.12
Low Date 11/19/2020
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 51.39
High Date 11/09/2020
Low 48.12
Low Date 11/19/2020
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 50.06
Support 51.60
Low 45.68
Low Date 10/30/2020
High 51.39
High Date 11/09/2020
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 53.89
Support 47.39
Low 28.92
Low Date 03/23/2020
High 52.05
High Date 10/23/2020
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Resistance
Resistance 43.39
Support 20.77
High 52.07
High Date 10/08/2018
Low 28.92
Low Date 03/23/2020
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.