Archer Daniels's most recent trend suggests a bearish bias. One trading opportunity on Archer Daniels is a Bear Call Spread using a strike $50.00 short call and a strike $60.00 long call offers a potential 12.36% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $50.00 by expiration. The full premium credit of $1.10 would be kept by the premium seller. The risk of $8.90 would be incurred if the stock rose above the $60.00 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 at 29.84 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Archer Daniels
Welcome to the world of Big Chocolate
Thu, 18 Dec 2014 08:41:25 GMT
Financial Times – Olam's purchase of Archer Daniels Midland's cocoa processing business announced this week catapults the company into the premier league of chocolate. It also leaves the sector in the grip of three companies. …
Olam's cocoa purchase raises supply, price volatility concerns
Wed, 17 Dec 2014 23:44:40 GMT
Reuters – Olam's $1.3 billion deal to buy rival Archer Daniels Midland's cocoa processing business may reduce liquidity in the niche cocoa bean trade, raising concerns about volatile prices and a potential shake-up …
Cocoa Seen Climbing by Olam for Fourth Year in ‘15 on Shortage
Wed, 17 Dec 2014 23:00:00 GMT
China says approved imports of Viptera corn, two soybeans -Vilsack
Wed, 17 Dec 2014 18:24:17 GMT
Reuters – A top Chinese government official said the country has approved imports of genetically modified Agrisure Viptera corn and two varieties of soybeans, U.S. Agriculture Secretary Tom Vilsack said on Wednesday. …
ADM Completes Sale of South American Fertilizer Business
Wed, 17 Dec 2014 17:35:53 GMT
noodls – 12/17/2014 CHICAGO, Dec. 17, 2014 – Archer Daniels Midland Company (NYSE: ADM) today announced that it has completed the sale of its South American fertilizer business to The Mosaic Company (NYSE: MOS). …
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