Archer Daniels Midland Breaks Above 200-Day Moving Average - Bullish for ADM

In trading on Friday, shares of Archer Daniels Midland Co. (Symbol: ADM) crossed above their 200 day moving average of $41.61, changing hands as high as $42.19 per share. Archer Daniels Midland Co. shares are currently trading up about 1.3% on the day. The chart below shows the one year performance of ADM shares, versus its 200 day moving average:

Archer Daniels Midland Co. 200 Day Moving Average Chart

Looking at the chart above, ADM's low point in its 52 week range is $36.45 per share, with $52.065 as the 52 week high point — that compares with a last trade of $41.99.

Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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