AUTOMATIC DATA PROCESSING (ADP) Technical Analysis
NASDAQ:ADP • US0530151036
Current stock price
ADP Technical Rating and Analysis
Overall ADP gets a technical rating of 0 out of 10. ADP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 86% of all other stocks performed better in the past year than ADP.
- ADP is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ADP is lagging the market.
- ADP has an average volume of 3420760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ADP is an average performer in the Professional Services industry, it outperforms 54% of 87 stocks in the same industry.
- In the last month ADP has a been trading in the 203.26 - 226.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ADP Weekly and Daily overview Charts
ADP Setup Rating and Analysis
Although the technical rating is bad, ADP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 208.51, a Stop Loss order could be placed below this zone.
More info and screens
ADP Support and Resistance Analysis
203.61
We found 1 important support area.
- A support zone ranging from 205.67 to 208.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 213.34 to 216.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 226.25 to 226.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @245.39 from a trend line in the daily time frame.
ADP Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ADP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ADP is down. |
| ChartMill Relative Strength | 14.58 | NEGATIVE | ADP has a low relative strength, it was outperformed by 85.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ADP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ADP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ADP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.99 | NEUTRAL | The RSI value for ADP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests ADP has a positive trend. |
| Stochastics (14,3) | 19.2 | OVERSOLD | The low Stochastics value suggests ADP may be oversold. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for ADP suggests some volalility. |
| Average Directional Index/ADX (14) | 25.99 | POSITIVE | The high ADX value value for ADP suggests a strong trend. |
ADP Chart- and CandleStick Pattern Analysis
ADP Technicals: Chart, Performance Metrics, Trend & Indicators
208.69
-1.97 (-0.94%)
AUTOMATIC DATA PROCESSING / ADP TA FAQ
Can you provide the ChartMill technical rating for AUTOMATIC DATA PROCESSING?
ChartMill assigns a technical rating of 0 / 10 to ADP.
What is the trend direction for ADP stock?
The current trend direction for AUTOMATIC DATA PROCESSING (ADP) is Bearish.
What is the RSI signal for ADP stock?
AUTOMATIC DATA PROCESSING (ADP) has an RSI value of 39.9885. This indicates that the stock is currently neutral.
What is the MACD signal for ADP stock?
The MACD indicator for AUTOMATIC DATA PROCESSING (ADP) has a value of 0.423954, indicating a bearish trend.
Can you provide the buy/sell signal for AUTOMATIC DATA PROCESSING?
The buy/sell signal for AUTOMATIC DATA PROCESSING (ADP) is sell as both the short term and long term trends are negative.