Archer Daniels's most recent trend suggests a bullish bias. One trading opportunity on Archer Daniels is a Bull Put Spread using a strike $46.00 short put and a strike $41.00 long put offers a potential 7.53% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $46.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $41.00 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 75.31 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Archer Daniels
Sugar rush at ethanol plant fuels fight with Nebraska corn farmers
Wed, 16 Jul 2014 05:00:00 GMT
Reuters – An ethanol plant in Nebraska corn country is pumping out fuel made from sugar beets, and corn farmers are suing to stop it – a small-town dispute that offers an unusual take on the debate over the market-distorting impact of sugar and corn subsidies. The dispute in Aurora, population about 4,400, brings into conflict two of the largest U.S. farm programs, one promoting sugar production and the other corn-based ethanol. Aventine Renewable Energy Holdings Inc, a privately held Illinois firm, is reaping profits producing ethanol with cheap sugar, thanks to a U.S. Agriculture Department subsidy of beet sugar. Local corn farmers, who benefit from a government rule that forces oil companies to blend ethanol into gasoline, say in court documents that Aventine's action violates an agreement to use their grain exclusively as a feedstock for the firm's recently reopened plant in Aurora.
INFLUENCE GAME: Shaping railroad safety rules
Mon, 14 Jul 2014 08:19:49 GMT
Merger Mania Is the Flavor of the Month for Archer Daniels Midland
Sat, 12 Jul 2014 20:28:21 GMT
Archer Daniels Midland Pivots Toward the Future of Foods and Beverages
Fri, 11 Jul 2014 18:02:07 GMT
Soybeans Head for Longest Slump Since 1973 on Bigger Supplies
Fri, 11 Jul 2014 16:09:41 GMT
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