Archer Daniels's most recent trend suggests a bullish bias. One trading opportunity on Archer Daniels is a Bull Put Spread using a strike $43.50 short put and a strike $38.50 long put offers a potential 5.26% 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 $43.50 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $38.50 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 61.98 level which suggests that the stock is neither overbought nor oversold at this time.
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
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Mon, 09 Dec 2019 19:43:06 +0000
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As job market stays hot, wages will soon bite margins, Goldman says
Mon, 09 Dec 2019 16:18:00 +0000
The U.S. labor market defied expectations and registered another strong month of growth in November, the Labor Department said Friday. That’s good news for the economy, but at some point higher labor costs may start to nibble away at corporate margins, meaning not-so-good news for shareholders.
Is Archer-Daniels-Midland Company (ADM) A Good Stock To Buy ?
Sun, 08 Dec 2019 15:28:18 +0000
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Brazil’s Marfrig launches global plant-based meat brand
Sun, 08 Dec 2019 14:16:09 +0000
Brazilian food processor Marfrig Global Foods SA on Monday will launch a global brand of plant-based meat products, according to a statement sent to Reuters on Sunday. A gourmet hamburger to be served in Brazilian restaurants will be the first product rolled out under the brand Revolution, the statement said. The trend has given rise to non-meat start-ups like Beyond Meat Inc and Impossible Foods Inc in the United States.
Urbem's 'Wonderful Business' Series: Armanino Foods of Distinction
Fri, 06 Dec 2019 15:26:57 +0000
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