Archer-Daniels-Midland (ADM) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for ADM · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$79.87last close · Aug 4, 202652-week range $53.56 – $88.46 · 9.71% below the high

ADM Bullish Pennant Pattern

ADM is currently forming a bullish pennant on the daily timeframe. Detected Aug 4, 2026.

A bullish pennant is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $79.10 (+12.9%). Across 2,605 backtested bullish pennants, the setup followed through 57.4% of the time, averaging +0.99R; ADM's own bullish pennants have hit 50.0%.

DirectionBullishTarget$79.10Projected move+12.9%Breakout level$71.02

New to this pattern? What a bullish pennant is and how to trade it →

ADM's Most Recent Rising Wedge Trade

ADM's most recent completed rising wedge resolved as a win: it broke down on Jun 8, 2026 near $81.14, then reached its target at $72.60 on Jun 24, 2026 — a +2.02R move (10.5%) over 11 sessions. Across 178 backtested rising wedges, this setup wins 53.4% of the time.

OutcomeWinResult+2.02REntry$81.14Exit$72.60

Learn about rising wedge

How Bullish Pennants Have Performed

Win rate
57.4%
Avg return
+0.99R
Backtested trades
2,605
ADM win rate
50.0%

Historical pattern statistics (2006-08-15 – 2026-08-04), not a prediction.

How these backtests work →

ADM Pattern Trade History

Every completed pattern trade our nightly backtest found on ADM's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeJun 8, 2026 @ $81.14Jun 24, 2026 @ $72.60Win+2.02R
Bullish PennantMar 11, 2026 @ $71.09May 19, 2026 @ $79.39Win+1.38R
TriangleMar 3, 2026 @ $67.99Mar 11, 2026 @ $70.83Loss-1.14R
TriangleJan 5, 2026 @ $59.42Jan 29, 2026 @ $66.92Win+3.40R
TriangleDec 22, 2025 @ $57.68Jan 8, 2026 @ $61.19Loss-1.21R
TriangleDec 16, 2025 @ $58.28Jan 8, 2026 @ $61.19Loss-1.26R
TriangleDec 10, 2025 @ $57.75Jan 9, 2026 @ $61.94Loss-1.16R
TriangleNov 4, 2025 @ $56.15Jan 15, 2026 @ $66.57Loss-1.18R
Bullish PennantAug 5, 2025 @ $56.69Sep 2, 2025 @ $62.05Win+1.44R
Rising WedgeJul 14, 2025 @ $54.36Aug 5, 2025 @ $57.62Loss-1.62R
Rising WedgeMay 21, 2025 @ $49.68Jun 13, 2025 @ $52.00Loss-2.70R
Falling WedgeJan 10, 2025 @ $50.88Feb 4, 2025 @ $47.49Loss-1.37R

ADM Support and Resistance Levels

Price is bouncing off a floor near $76.16 and starting to climb. On the weekly chart, the next ceiling overhead sits near $86.13 — about 8% away.

  • Traders commonly watch $86.13 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $76.16 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $74.40, resistance near $85.37. These are chart/swing-derived levels, not formula pivots.

Resistance
$85.37$86.13
Support
$74.40$73.44$73.25$73.13$72.55$55.22

ADM Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$78.09$80.22$77.53$79.87
Aug 3, 2026$78.90$78.97$77.30$78.06
Jul 31, 2026$80.30$80.44$79.17$79.27
Jul 30, 2026$80.41$81.29$78.93$80.61
Jul 29, 2026$84.04$84.16$80.07$80.38
Jul 28, 2026$83.82$84.63$82.12$83.18
Jul 27, 2026$84.43$84.50$82.49$83.19
Jul 24, 2026$86.61$87.21$85.78$85.92
Jul 23, 2026$87.32$88.46$86.09$86.35
Jul 22, 2026$87.00$87.67$86.21$87.32

ADM Frequently Asked Questions

What chart pattern is ADM forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a bullish pennant on Archer-Daniels-Midland (ADM) on the daily chart, with a measured-move target of $79.10.
Is a bullish pennant bullish or bearish?
The bullish pennant detected on ADM is a bullish pattern, projecting a measured-move target of $79.10. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a bullish pennant pattern, and what is its win rate?
Across TradingPal's backtest of the bullish pennant family (2,605 trades over 631 symbols), it resolved in the expected direction 57.4% of the time with an average of +0.99R. These are historical statistics, not a prediction.
What are the support and resistance levels for ADM?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), ADM's nearest support is around $74.40 and nearest resistance around $85.37.
What is the price target if ADM's pattern breaks out?
The detected bullish pennant has a geometry-based measured-move target of $79.10 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was ADM's closing price on Aug 4, 2026?
Archer-Daniels-Midland (ADM) last closed at $79.87 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.