Archer Daniels's most recent trend suggests a bullish bias. One trading opportunity on Archer Daniels is a Bull Put Spread using a strike $42.00 short put and a strike $37.00 long put offers a potential 7.07% 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 $42.00 by expiration. The full premium credit of $0.33 would be kept by the premium seller. The risk of $4.67 would be incurred if the stock dropped below the $37.00 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 70.18 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Archer Daniels
Archer Daniels to Build Protein Plant in Brazil
Thu, 13 Mar 2014 19:00:04 GMT
ADM to Build Specialty Protein Plant in Campo Grande, Brazil
Wed, 12 Mar 2014 12:31:09 GMT
noodls – DECATUR, Ill., March 12, 2014 – Archer Daniels Midland Company (NYSE: ADM) today announced plans to construct a soy protein production complex in Campo Grande, Mato Grosso do Sul, Brazil, representing …
ADM to Build Specialty Protein Plant in Campo Grande, Brazil
Wed, 12 Mar 2014 12:00:00 GMT
Business Wire – Archer Daniels Midland Company today announced plans to construct a soy protein production complex in Campo Grande, Mato Grosso do Sul, Brazil, representing an investme
8:00 am Archer-Daniels announced plans to construct a soy protein production complex in Campo Grande, Mato Grosso do Sul, Brazil, representing an investment of ~US$250 MLN
Wed, 12 Mar 2014 12:00:00 GMT
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Tue, 11 Mar 2014 22:17:58 GMT
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