Archer Daniels's most recent trend suggests a bullish bias. One trading opportunity on Archer Daniels is a Bull Put Spread using a strike $51.00 short put and a strike $46.00 long put offers a potential 8.46% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $51.00 by expiration. The full premium credit of $0.39 would be kept by the premium seller. The risk of $4.61 would be incurred if the stock dropped below the $46.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Archer Daniels is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Archer Daniels is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Archer Daniels
ARCHER DANIELS MIDLAND CO Financials
Fri, 14 Nov 2014 18:04:23 GMT
Archer Daniels Expands in China, Opens Sweetener Facility
Thu, 13 Nov 2014 16:40:03 GMT
ADM Opens First Phase of Integrated Food-Ingredient Plant in Tianjin, China
Wed, 12 Nov 2014 15:00:00 GMT
Business Wire – TIANJIN, China–(BUSINESSWIRE)– Today, Archer Daniels Midland Company (NYSE:ADM – News) officially opened the sweetener-manufacturing portion of its integrated food manufacturing complex with a ribbon-cutting ceremony at the port of Tianjin in North China, on the Yellow Sea. When complete next year, the complex—ADM’s first wholly owned food-ingredient production facility in China—will also have the ability to produce soluble fiber, which is used to add dietary fiber to a wide range of food and beverage products. “With demand for sweeteners and soluble fiber growing, we recognize that our customers need to source high-quality products from a trusted and reliable partner,” said Ismael Roig, ADM vice president and president, Asia-Pacific. Roig noted that expansion in high-growth regions like China is an important part of ADM’s strategy to improve returns and reduce earnings volatility.
ADM Opens First Phase of Integrated Food-Ingredient Plant in Tianjin, China
Wed, 12 Nov 2014 15:00:00 GMT
Business Wire – Today, Archer Daniels Midland Company officially opened the sweetener-manufacturing portion of its integrated food manufacturing complex with a ribbon-cutting ceremony
USDA trims bin-busting U.S. corn crop, raises soybeans again
Mon, 10 Nov 2014 20:58:37 GMT
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