Archer Daniels's most recent trend suggests a bearish bias. One trading opportunity on Archer Daniels is a Bear Call Spread using a strike $61.00 short call and a strike $66.00 long call offers a potential 28.21% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $61.00 by expiration. The full premium credit of $1.10 would be kept by the premium seller. The risk of $3.90 would be incurred if the stock rose above the $66.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Archer Daniels is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Archer Daniels is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Archer Daniels
Is Archer Daniels Midland Company (ADM) Going to Burn These Hedge Funds?
Mon, 28 Jun 2021 14:06:58 +0000
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 866 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
ADM CEO on the future of food security, food price inflation
Fri, 25 Jun 2021 15:02:15 +0000
Juan Luciano, CEO of Archer Daniels Midland, joins Yahoo Finance Live to discuss how the company is faring amid the pandemic, outlook on food price inflation and potential threats to global food production in years to come.
Food Giant ADM Bolsters Its Defense Against Hacks, CEO Says
Thu, 24 Jun 2021 18:32:00 +0000
The company has formed a ransomware task force and is running drills, its CEO says at The Wall Street Journal’s Global Food Forum.
Meat Grown in Israeli Bioreactors Is Coming to American Diners
Wed, 23 Jun 2021 09:00:00 +0000
(Bloomberg) — An Israeli startup wants to replace chicken coops, barns and slaughterhouses with bioreactors to churn out cell-based meat for American diners.Future Meat Technologies Ltd. is in talks with U.S. regulators to start offering its products in restaurants by the end of next year. The company has just opened what it calls the world’s first industrial cellular meat facility, which will be able to produce 500 kilograms (1,102 pounds) a day.“From the get-go, our main focus was around scal
Archer-Daniels-Midland Company's (NYSE:ADM) Stock Is Going Strong: Have Financials A Role To Play?
Wed, 16 Jun 2021 05:17:47 +0000
Archer-Daniels-Midland's (NYSE:ADM) stock is up by a considerable 12% over the past three months. We wonder if and what…
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