Archer Daniels's most recent trend suggests a bullish bias. One trading opportunity on Archer Daniels is a Bull Put Spread using a strike $40.00 short put and a strike $35.00 long put offers a potential 6.16% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $40.00 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock dropped below the $35.00 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 at 59.52 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Archer Daniels
ADM tightens barge corn moisture guidelines from August-trade
Wed, 12 Feb 2014 22:31:15 GMT
Reuters – U.S. agribusiness Archer Daniels Midland is tightening its grain moisture guidelines for corn shipped on barges to U.S. Gulf Coast export terminals beginning in August to better meet export standards, trade sources said on Wednesday. From Aug. 1, ADM will discount yellow corn barges with grain moisture above 14.5 percent, versus 15 percent previously, they said. It could also make it easier for ADM to manage corn export supplies in future seasons when a larger-than-normal share of incoming grain has a high moisture content. Last autumn, many exporters struggled to source enough dry corn to blend with wetter grain, which has less value in the export market.
Soybean Switch on U.S. Corn Farms Expanding World Surplus
Wed, 12 Feb 2014 07:12:31 GMT
ADM Invests in Rennovia, Inc.
Tue, 11 Feb 2014 18:13:54 GMT
noodls – Companies will work together on portfolio of bio-based chemical products DECATUR, Ill. and MENLO PARK, Calif., Feb. 11, 2014 – Archer Daniels Midland Company (NYSE: ADM) and Rennovia, Inc. announced today …
ADM Invests in Rennovia, Inc.
Tue, 11 Feb 2014 16:00:00 GMT
Business Wire – Archer Daniels Midland Company and Rennovia, Inc. announced today that ADM has committed to a $25 million equity investment in the privately held company, which develop
Farm Profits Seen Falling as Five-Year Crop Boom Ends
Tue, 11 Feb 2014 05:01:11 GMT
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