ADM stock: buy or sell

ADM stock price: $67.66 0.77% At close on May 14th, 2021

Updated on:
May 17th, 2021

2

ADM stock brief

  • Archer-Daniels-Midland closed last Friday at $67.66 after only moving a 0.77%.
  • Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States and internationally.

Should I buy Archer-Daniels-Midland stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $ADM stock a buy?

Currently, Archer-Daniels-Midland stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean $ADM will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Archer-Daniels-Midland stock?

Knowing when to sell a stock is even more difficult than knowing when to buy it. As when we have to buy shares, choosing when is the best time to sell is not a capricious decision, and we must follow our own trading style. When selling, as well as buying, detailed strategies are very easy to follow and are only valid for selling stocks you already own, not for shorting $ADM stock

A golden rule is that you should not mantain an operation that leads to losses greater than those expected upon purchase. The timing to sell shares always has to be determined by the stop-loss (automatic or manual)

Is it time to sell Archer-Daniels-Midland stock?

In the current situation of Archer-Daniels-Midland there is not any eligible sell setup, so Archer-Daniels-Midland stock holders with operations in green can keep their positions

Archer-Daniels-Midland ratings

In the last month, 9 brokerage ratings were published for Archer-Daniels-Midland

Archer-Daniels-Midland analysts' ratings - Last month
Brokerage firmRating
Apr 21st, 2021
Bank of America Strong buy
Apr 27th, 2021
Bank of America Strong buy
Apr 28th, 2021
BMO Capital Markets
Credit Suisse Group Neutral
Monness Crespi & Hardt BuyStrong buy
Robert W. Baird Buy
May 3rd, 2021
Barclays Neutral
May 4th, 2021
Credit Suisse Group Neutral
May 10th, 2021
Morgan Stanley

Archer-Daniels-Midland stock analysis

Archer-Daniels-Midland shares started an uptrend in July 2020, and gained a gorgeous 84.31%. During this uptrend, the price offered some entry points on the breakouts. Latest low was last March, when price bounced at $55.26. Archer-Daniels-Midland broke out above $59.12 (its last top) in late April. That breakout was a good buy point that resulted in a 14.45% gain

SMAs overview

ADM stock SMAs chart

Supports and resistances

Price is at all-time highs and there are not upper resistances.

The current supports are:

  • S1: $59.12 (-12.62% below)
  • S2: $58.68 (-13.27% below)
  • S3: $55.26 (-18.33% below)
  • Bollinger bands

    ADM stock Bollinger Bands chart

    Relative strength index

    Crossed over the 70 level last Friday, marking a value of 75.8. Breaking through above the overbought zone is not a bearish signal, as stock price can climb during several weeks being in the overvalued zone

    ADM stock RSI chart

    Archer-Daniels-Midland stock price history

    Archer-Daniels-Midland went public priced at an adjusted price1 of $0.00 on Mar 1980. Since then, ADM stock has risen by -, with an average of 0.00% per year. If you had invested $1,000USD in Archer-Daniels-Midland stock at that time, it would worth $inf today.

    1: Adjusted price after possible price splits or reverse-splits

    ADM stock price history chart

    Price target for Archer-Daniels-Midland stock

    Nobody knows how much a share will be priced in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts.

    The following table shows the price forecasts posted by brokerage institutions for the last 30 days. If you are a small trader you must not trade based on these price targets.

    There are 9 price forecasts issued for Archer-Daniels-Midland that average $67.67. That is a 0.01% than the current price ($67.66).

    Archer-Daniels-Midland stock price predictions
    Brokerage firmPrice target
    Apr 21st, 2021
    Bank of America $68.00
    Apr 27th, 2021
    Bank of America $68.00
    Apr 28th, 2021
    BMO Capital Markets $56.00$63.00
    Credit Suisse Group $54.00$60.00
    Monness Crespi & Hardt $60.00$70.00
    Robert W. Baird $53.00$78.00
    May 3rd, 2021
    Barclays $60.00$75.00
    May 4th, 2021
    Credit Suisse Group $54.00$60.00
    May 10th, 2021
    Morgan Stanley $53.00$67.00

    Earnings and financials

    Archer-Daniels-Midland ($ADM) had the shareholders event and presented the report in late April. ADM posted earnings of $1.39 per share on sales of $18.9 billion. The market estimate was $1.05 per share on revenue of $16.4 billion.

    In comparison, the EPS for the same quarter last year was $0.64, so current EPS means a increase of 117.19%. Looking at turnover, figures skyrocketed a 26.21% compared to $149.7B same quarter a year ago.

    ADM ($ADM) releases Q2 financial report next July. Forecasted for this quarter is $0.97, compared to $1.39 that was reported for Q1.

    Archer-Daniels-Midland performance

    ADM performance compared
    Company1m3m6m
    Archer-Daniels-Midland ($ADM) 14.40% 20.70% 37.60%

    Disclaimer:
    The viewpoints contained in this article are personal and not recommendations for you to buy or sell stocks. The author of this report does not know the individual situations of the reader, his or her finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are expressed for education motives only

    ADM summary

    Friday, May 14th, 2021
    Open$67.56
    Close$67.66
    Day range$67.29 - $67.89
    Previous close$67.14
    Session gain0.77%
    Average true range$1.82
    50d mov avg$59.96
    100d mov avg$56.36
    200d mov avg$51.60
    Earnings dateJuly 28th, 2021

    Frequently asked questions

    What is Archer-Daniels-Midland stock symbol?

    Archer-Daniels-Midland Company is a public company trading in the US stock market with the ADM symbol

    Is Archer-Daniels-Midland stock a buy or sell?

    Archer-Daniels-Midland received 9 ratings in the last 30 days: 4 bullish, 0 bearish and 3 neutral.

    Will ADM go up?

    Archer-Daniels-Midland had different price predictions published by market analysts in the last month setting the target price to $67.67. That is a 0.01% than the current price ($67.66).