We assign a technical rating of 0 out of 10 to ADP. ADP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
ADP has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
246.56
We found 1 important support area.
- A support zone ranging from 249.05 to 253.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 254.34 to 256.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 270.76 to 273.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @284.98 from a trend line in the daily time frame.
- Resistance @311.40 from a horizontal line in the daily time frame.
- Resistance @318.64 from a horizontal line in the daily time frame.
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 | 18.48 | NEGATIVE | ADP has a low relative strength, it was outperformed by 81.52% 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) | 39.77 | NEUTRAL | The RSI value for ADP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.33 | POSITIVE | The MACD value suggests ADP has a positive trend. |
| Stochastics (14,3) | 49.48 | NEUTRAL | The Stochastics value for ADP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for ADP suggests low volalility. |
| Average Directional Index/ADX (14) | 55.8 | POSITIVE | The high ADX value value for ADP suggests a strong trend. |
254.33
-1.98 (-0.77%)
AUTOMATIC DATA PROCESSING / ADP 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 current trend direction of AUTOMATIC DATA PROCESSING (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 39.7748. This indicates that the stock is currently neutral.
What is the short term momentum for ADP stock?
The short term momentum for AUTOMATIC DATA PROCESSING (ADP) is negative.
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.