Archer Daniels's most recent trend suggests a bullish bias. One trading opportunity on Archer Daniels is a Bull Put Spread using a strike $38.00 short put and a strike $33.00 long put offers a potential 13.64% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $38.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock dropped below the $33.00 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 80 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Archer Daniels
Bunge's new chief challenges status quo in first months on job
Fri, 25 Oct 2013 21:53:28 GMT
Reuters – Soren Schroder is shaking up Bunge Ltd five months after taking the helm of the 195-year-old agricultural trading house. After vowing in February that he would make no major strategy changes when he became …
Decline Expected for Archer Daniels Midland Earnings
Fri, 25 Oct 2013 16:28:00 GMT
Forbes – Analysts expect decreased profit for Archer Daniels Midland when the company reports its third quarter results on Tuesday, October 29, 2013. Although ADM reported profit of 50 cents a year ago, the consensus estimate calls for earnings per share of 48 cents. Over the past month, the consensus estimate has jumped […]
Archer Daniels Midland: Plant Your Money And Watch It Grow
Wed, 23 Oct 2013 21:19:14 GMT
Seeking Alpha – Archer Daniels Midland ( ADM ) is the McDonald's (major industrial corporation) of the Old MacDonald business (farming). ADM's market cap is close to $24B and its Q2 2013 revenue was $22.5B (financials …
U.S. lawmakers to wrestle with food stamp cuts in farm bill
Wed, 23 Oct 2013 18:04:24 GMT
Reuters – U.S. Senate and House negotiators, who will begin working on a compromise farm bill on Oct. 30, face a major fight over proposed deep cuts in food stamps for the poor. The leaders of the House and Senate …
Brazil's Copersucar issues force majeure to sugar exporters -sources
Wed, 23 Oct 2013 16:59:04 GMT
Reuters – Brazil's largest trader of sugar and ethanol declared force majeure to third party exporters of sugar with contracts to ship through its Santos Port terminal that burned down on Friday, sources in the …
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