AUTOMATIC DATA PROCESSING (ADP) Technical Analysis
NASDAQ:ADP • US0530151036
Current stock price
ADP Technical Rating and Analysis
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.
- 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.
- 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 where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- ADP has an average volume of 3772860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ADP is part of the Professional Services industry. There are 87 other stocks in this industry, ADP did better than 54% of them.
- Volume is considerably higher in the last couple of days.
ADP Weekly and Daily overview Charts
ADP Setup Rating and Analysis
ADP has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 211.59 to 215.77. 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 @244.95 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 | 14.81 | NEGATIVE | ADP has a low relative strength, it was outperformed by 85.19% 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) | 38.02 | NEUTRAL | The RSI value for ADP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests ADP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 17.55 | OVERSOLD | The low Stochastics value suggests ADP may be oversold. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for ADP suggests some volalility. |
| Average Directional Index/ADX (14) | 24.93 | NEUTRAL | The ADX value for ADP suggests a possible start of a new 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 38.0166. 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 0.413631, 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.