AUTOMATIC DATA PROCESSING (ADP) Stock Technical Analysis
USA - NASDAQ:ADP - US0530151036 - Common Stock
283.98 USD
+0.95 (+0.34%)
283.5 USD
-0.48 (-0.17%)
Overall ADP gets a technical rating of 0 out of 10. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
75% of all other stocks performed better in the past year than ADP.
ADP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ADP has an average volume of 1759890 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 64% of 86 stocks in the same industry.
In the last month ADP has a been trading in a tight range between 279.42 and 294.35.
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 281.26, a Stop Loss order could be placed below this zone.
More info and screens
273.99
321.83
When analyzing the support we notice one important area.
- A support zone ranging from 276.76 to 281.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 284.47 to 287.95. 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 292.98 to 294.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 307.96 to 311.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 25.15 | NEGATIVE | ADP has a low relative strength, it was outperformed by 74.85% 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) | 40.78 | NEUTRAL | The RSI value for ADP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests ADP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.51 | NEUTRAL | The Stochastics value for ADP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for ADP suggests low volalility. |
| Average Directional Index/ADX (14) | 48.95 | POSITIVE | The high ADX value value for ADP suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
283.98
+0.95 (+0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0.34%
1 Week-0.68%
2 Weeks-3.06%
1 Month-1.81%
3 Month-7.99%
6 Month-2.67%
12 Month-1.38%
2 Year30.13%
3 Year17.49%
5 Year79.78%
10 Year226.45%
15 Year538.3%
Volatility
ATR(14)3.85
ATR(20)%1.49%
ATR Inc-34.94%
Range Today3.12
ADR(20)4.18
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.15
Mansfield-1.55
10 Day High292.8
10 Day Low279.42
20 Day High294.35
20 Day Low279.42
52 Week High329.93
52 Week Low272.62
CS1 End281.26
CR1 Start284.47
Volume & EV
DER(3)0.6%
DER(5)-0.45%
Volume1.75M
Volume Incr-28.74%
Vol(5)1.50M
Vol(50)1.76M