AUTOMATIC DATA PROCESSING (ADP) Stock Technical Analysis
NASDAQ:ADP - US0530151036 - Common Stock
295.97 USD
-5.22 (-1.73%)
295.97 USD
0 (0%)
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.
69% of all other stocks performed better in the past year than ADP.
ADP has an average volume of 1516560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
ADP is part of the Professional Services industry. There are 83 other stocks in this industry, ADP did better than 67% of them.
ADP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ADP is lagging the market.
In the last month ADP has a been trading in a tight range between 293.95 and 310.08.
The technical rating of ADP is bad and it also does not present a quality setup 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
267.96
330.09
When analyzing the support we can see 2 important areas.
- A support zone ranging from 286.12 to 286.85. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @270.67 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 298.19 to 311.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @318.64 from a horizontal line in the daily time frame.
- A resistance zone ranging from 326.82 to 326.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for ADP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ADP is down. |
| ChartMill Relative Strength | 31.42 | NEUTRAL | ADP is not amongst the best or worst performers 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) | 38.95 | NEUTRAL | The RSI value for ADP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests ADP has a negative trend. |
| Stochastics (14,3) | 27.57 | NEUTRAL | The Stochastics value for ADP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for ADP suggests low volalility. |
| Average Directional Index/ADX (14) | 24.84 | NEUTRAL | The ADX value for ADP suggests a possible start of a new 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)
295.97
-5.22 (-1.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-1.73%
1 Week-2.67%
2 Weeks-2.94%
1 Month-2.48%
3 Month-9.44%
6 Month-3.42%
12 Month9.8%
2 Year23.02%
3 Year30.85%
5 Year112.18%
10 Year268.31%
15 Year604.19%
Volatility
ATR(14)4.37
ATR(20)%1.47%
ATR Inc72.57%
Range Today8.73
ADR(20)4.26
ADR(20)%1.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.42
Mansfield-1
10 Day High308.9
10 Day Low293.95
20 Day High310.08
20 Day Low293.95
52 Week High329.93
52 Week Low269.7
CS1 End286.85
CR1 Start298.19
Volume & EV
DER(3)1.98%
DER(5)1.49%
Volume1.89M
Volume Incr6.5%
Vol(5)1.57M
Vol(50)1.52M