Chart Of The Day - The Andersons (ANDE)

The "Chart of the Day" is "The Andersons (ANDE). I found the stock by scanning the Barchart "All Time High" list for the best technical indicators and then used the Flipchart function to review the charts. ANDE has rallied over the past 2 months and just posted a new high today, taking out the former high posted in late December. Barchart's TrendSpotter just turned long again on ANDE last Thursday at $60.21.

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The Andersons, Inc. is a diversified company operating in three segments. The Agriculture Group engages in grain merchandising, operates grain elevator facilities, distributes wholesale agricultural fertilizer and operates retail farm centers. The Processing and Manufacturing Group includes the processing of lawn and corn-cob based products; the purchase, sale, repair and leasing of railcars; and the operation of automotive service centers.

The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

  • TrendSpotter: Buy
  • Short-Term Indicators: 100% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 33% Buy
  • Overall Average 88% Buy
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