Archer Daniels Midland Company | ADM

Daily Technical Analysis of Archer Daniels Midland Company

Not too much action today, Archer Daniels Midland Company drifted down slightly. We'll see where it goes next.

Currently ADM isn't at a clear support/resistance line that seems tradable. Archer Daniels Midland Company hasn't shown a lot of strength recently, shareholders don't seem that energized about the Consumer Packaged Goods company's future prospects. ADM might find some support at the 76.44 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for Archer Daniels Midland Company By Price Target And Rating

Overall, the analysts have a more negative view on Archer Daniels Midland Company but it's not a very strong negative. The current Analysts Sentiment Score is -20.57. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Citigroup initiated a rating of Neutral on 2024-02-01 and provided a price target of $57.00. UBS Group reiterated a rating of Buy on 2024-01-26 and they lowered their price target by -50.96% to $51.00 from a previous target of $104.00. Argus downgraded from Buy to Hold on 2024-01-23. BMO Capital Markets provided a price target decease of -17.5% to $66.00 from $80.00 on 2024-01-22. The Goldman Sachs Group downgraded from Buy to Neutral on 2024-01-22 and they lowered their price target by -25.56% to $67.00 from a previous target of $90.00. On 2024-01-22 there was a downgrade announced by Roth Capital from Buy to Neutral. Stifel Nicolaus downgraded from Buy to Hold on 2024-01-22 and they lowered their price target by -51.72% to $56.00 from a previous target of $116.00. Barclays downgraded from Overweight to Underweight on 2024-01-22 and provided a price target of $60.00. Roth Mkm downgraded from Buy to Neutral on 2024-01-22 and dropped their 1 year price target to $66.00 which is down from $98.00. Robert W. Baird released a downgrade on 2024-01-22 from Outperform to Neutral and they lowered their price target by -36.46% to $61.00 from a previous target of $96.00.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Archer Daniels Midland Company

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Archer Daniels Midland Company

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.