We assign a technical rating of 2 out of 10 to ADP. In the past year, ADP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
ADP has a poor technical rating and the quality of the setup is also only medium 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.
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246.56
When analyzing the support we notice one important area.
- A support zone ranging from 249.05 to 260.83. 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 one important area.
- A resistance zone ranging from 266.11 to 266.11. 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 | DOWN | NEGATIVE | The long term trend for ADP is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADP is up. |
| ChartMill Relative Strength | 21.93 | NEGATIVE | ADP has a low relative strength, it was outperformed by 78.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ADP is above 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) | 59.49 | NEUTRAL | The RSI value for ADP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.85 | POSITIVE | The MACD value suggests ADP has a positive trend. |
| Stochastics (14,3) | 81.24 | OVERBOUGHT | The high Stochastics value suggests ADP may be overbought. |
| Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for ADP suggests low volalility. |
| Average Directional Index/ADX (14) | 15.7 | NEGATIVE | The low ADX value for ADP suggests a weak or negative trend. |
266.02
+0.35 (+0.13%)
AUTOMATIC DATA PROCESSING / ADP FAQ
Can you provide the ChartMill technical rating for AUTOMATIC DATA PROCESSING?
ChartMill assigns a technical rating of 2 / 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 59.49. 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 0.846478, 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 hold as the short term and long term trends are mixed.