The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100. Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30.
As of today (2023-03-24), Archer-Daniels Midland Co's 14-Day RSI is 38.72.
The industry rank for Archer-Daniels Midland Co's 14-Day RSI or its related term are showing as below:
ADM's 14-Day RSI is ranked better than 72.51% of 1997
companies
in the Consumer Packaged Goods industry
Industry Median: 44.69
vs ADM: 38.72
Competitive Comparison
For the Farm Products subindustry, Archer-Daniels Midland Co's 14-Day RSI, along with its competitors' market caps and 14-Day RSI data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Archer-Daniels Midland Co 14-Day RSI Distribution
For the Consumer Packaged Goods industry and Consumer Defensive sector, Archer-Daniels Midland Co's 14-Day RSI distribution charts can be found below:
* The bar in red indicates where Archer-Daniels Midland Co's 14-Day RSI falls in comparison to its industry or sector. The grey bar indicates the 14-Day RSI's extreme value range as defined by GuruFocus.
Archer-Daniels Midland Co (NYSE:ADM) 14-Day RSI Calculation
The formula for calculating RSI is:
RSI
=
100
–
[ 100
/
( 1 + Average Gain
/
Average Loss )]
* Note that the formula uses a positive value for the average loss.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Archer-Daniels Midland Co (NYSE:ADM) 14-Day RSI Explanation
The Relative Strength Index (RSI), developed by J. Welles Wilder in his book “New Concepts in Technical Trading Systems.”, is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100.
Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A RSI surpasses the 30 level indicates a bullish sign, when it slides below 70 level, it’s a bearish sign. This level can be adjusted depending on the security’s pattern and the market’s underlying trend. In an uptrend or bullish market, the RSI might range within a higher interval, investors could set the support level higher. If a downtrend or bearish market occurs, investors may need to lower the resistance level.
RSI can also be used in trading techniques to indicate the trading signal, such as Divergences and Swing Rejections.
Archer-Daniels Midland Co 14-Day RSI Related Terms
Thank you for viewing the detailed overview of Archer-Daniels Midland Co's 14-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.
Archer-Daniels Midland Co (NYSE:ADM) Business Description
Archer-Daniels Midland is a major processor of oilseeds, corn, wheat, and other agricultural commodities. Additionally, the company owns an extensive network of logistical assets to store and transport crops around the globe. ADM also runs a nutrition business that focuses on both human and animal ingredients. The company is also a large producer of corn-based sweeteners, starches, and ethanol.
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