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Takip Edin: @UscMarketsADM Stock Forecast & Archer-Daniels-Midland Company Chart Analysis
This article provides a detailed analysis of ADM-Archer-Daniels-Midland Company stock including a forecast for ADM shares. It features Archer-Daniels-Midland Company technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
ADM Historical Data Review
ADM Current Price Performance Analysis
The Archer-Daniels-Midland Company - ADM stock traded on the American stock market, on 06-05-2024, closed at 61.07$ with a %-1.21 decreased compared to the previous day.
In the last month, the price of ADM changed by %1.46 increased in value, from 60.19 dollars on 05-06-2024 to 61.07 dollars, increased.
Last year, the price of ADM was 72.39 dollars on 06-06-2023, and changed by %-15.64 decreased in value, to 61.07 dollars decreased within a year.
The price of Archer-Daniels-Midland Company stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
ADM with AI Stock Forecast & Price Target
On the ADM chart Archer-Daniels-Midland Company price was recorded as 61.07 Dollars on 06/05/2024.
The artificial intelligence's forecast on ADM stock is as follows.
The artificial intelligence's prediction error margin for ADM stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Archer-Daniels-Midland Company stock over the next 4 months is: 39.2 Dollars.
The commentary on ADM stock Target Price: Highest: 54.577 Dollars is predicted.
The commentary on ADM stock Target Price: Lowest: 29.251 Dollars is predicted.
Resistance Price where Archer-Daniels-Midland Company stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 09-18-2024 | 41.508 |
| 01-01-2025 | 38.042 |
Support Price where Archer-Daniels-Midland Company stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-03-2024 | 41.289 |
| 11-22-2024 | 36.274 |
The commentary on ADM stock: The target price can generally be said to be on the decline.
The commentary on ADM stock: Fluctuations in the target price can be expected in the coming days.
The target price for Archer-Daniels-Midland Company stock by the end of 2024 is predicted to be 37.99 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on ADM stock, and the 2024 target price predictions for Archer-Daniels-Midland Company are detailed above.
The technical analysis and charts for the commentary on ADM stock are below.
ADM Support & Resistance and Trend Analysis
ADM stock you have reviewed the technical analysis support resistance charts regarding.
ADM : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the ADM review, the Archer-Daniels-Midland Company support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Archer-Daniels-Midland Company Support and Resistance Prices:
| ADM Support Level Price | ADM Resistance Level Price |
|---|---|
| 50.72 | 54.75 |
| 52.28 | 55.83 |
| 52.45 | 56.83 |
| 52.65 | 62.96 |
| 57.36 | 62.98 |
| 59.35 | 63.69 |
| 69.77 | 64.09 |
| 70.06 | 74.02 |
| 72.53 | 75.57 |
| 72.86 | 77.35 |
ADM Technical Analysis: SMA, RSI, MACD
Upon reviewing the ADM chart, buy and sell signals have been generated in the Archer-Daniels-Midland Company technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for ADM stock are as follows:- ADM technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Archer-Daniels-Midland Company gave a 'Buy' signal when the RSI was at 26.378, with the current RSI value at 55.067.
- The technical analysis for ADM indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Archer-Daniels-Midland Company issued a 'Buy' signal when the MACD was at 0.091, with the current MACD value being: 0.104
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Archer-Daniels-Midland Company stock: Click here to read more predictions on PICC Property and stock.
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