Ripening Charts

Archer Daniels Midland (ADM) came up on one of my scans this week, and the stock is setting up for a nice potential breakout. The moving-average convergence-divergence (MACD) line is looking to cross over in a bullish fashion today, although any late-afternoon fade could put that on the back burner. The price does look fantastic right now, though I'm concerned about a somewhat lackluster volume push, along with a lower Commodity Channel Index (CCI) vs. the recent highs.

Archer Daniels Midland (ADM) -- Daily Source: View Chart » View in New Window »

When I see a setup like this, I don't want to avoid the name, but I do tend to look at some related names in additoin to a long ADM position. In this case, I find the setups on Fresh Del Monte Produce (FDP) and Chiquita Brands (CQB) to be intriguing....263 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.