Archer Daniels's most recent trend suggests a bullish bias. One trading opportunity on Archer Daniels is a Bull Put Spread using a strike $44.50 short put and a strike $39.00 long put offers a potential 5.97% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $44.50 by expiration. The full premium credit of $0.31 would be kept by the premium seller. The risk of $5.19 would be incurred if the stock dropped below the $39.00 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 47.16 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Archer Daniels
Why Is Archer Daniels (ADM) Down 2.8% Since its Last Earnings Report?
Thu, 31 May 2018 15:04:03 +0000
Archer Daniels (ADM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
A Presidential Pardon Long Over Due For Whistleblower Mark Whitacre
Thu, 31 May 2018 12:32:00 +0000
Mark Whitacre was sentenced to prison for 9 yrs for a crime he committed while working undercover for the FBI on a huge price fixing case in the 90s. Now, he hopes a presidential pardon will close a sad chapter in his life and highlight his amazing comeback since prison.
Brazil commodities exports still lag as truckers protest unwinds
Wed, 30 May 2018 22:06:40 +0000
Brazilian commodities exporters were scrambling to resume operations after striking truckers protesting high fuel prices slowly returned to work in Latin America's largest economy. Terminal operators at Santos port said on Wednesday that truckers had not yet resumed loading and unloading goods after the movement started to unwind following an agreement to cut fuel taxes and lower diesel prices at the pump. “Truckers are parked at many points, apparently awaiting orders or better conditions to continue their journeys,” said Sopesp, an association representing port operators at Santos, the country's busiest port.
Brazil truckers yet to resume cargo deliveries at Santos port
Wed, 30 May 2018 15:55:37 +0000
Terminal operators at Latin America's largest port Santos said in a statement on Wednesday that the flow of goods by trucks on the site has not resumed even as a trucker protest against high fuel prices …
Chinese buyers find tight U.S. sorghum supply after trade spat
Tue, 29 May 2018 11:00:00 +0000
Chinese grain merchants seeking to resume purchases of U.S. sorghum after an anti-dumping probe by Beijing that had halted trade between the world's biggest buyer and seller of the grain are now finding supplies tight, according to dealers. Importers in China have been calling U.S. traders to check on prices and availability since Beijing dropped its months-long investigation on May 17, but much of their would-be shipments of sorghum were sold to other countries along with U.S. ethanol makers during the trade spat, the dealers said. As part of the probe, Beijing had slapped a hefty deposit on U.S. sorghum imports in April, raising the costs for its buyers and sending benchmark prices spiraling lower.
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