AUTOMATIC DATA PROCESSING (ADP) Technical Analysis
NASDAQ:ADP • US0530151036
Current stock price
ADP Technical Rating and Analysis
Taking everything into account, ADP scores 0 out of 10 in our technical rating. ADP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 89% of all other stocks performed better in the past year than ADP.
- ADP is part of the Professional Services industry. There are 86 other stocks in this industry, of which 65% are performing better than ADP.
- ADP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- ADP has an average volume of 3871920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month ADP has a been trading in the 188.16 - 208.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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. Prices have been consolidating lately.
More info and screens
ADP Support and Resistance Analysis
196.54
When analyzing the resistance we notice 2 important areas.
- 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 @234.86 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 | 11.17 | NEGATIVE | ADP has a low relative strength, it was outperformed by 88.83% 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) | 42.6 | NEUTRAL | The RSI value for ADP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.05 | POSITIVE | The MACD value suggests ADP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.04 | NEUTRAL | The Stochastics value for ADP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for ADP suggests some volalility. |
| Average Directional Index/ADX (14) | 29.89 | POSITIVE | The high ADX value value for ADP suggests a strong trend. |
ADP Chart- and CandleStick Pattern Analysis
ADP Technicals: Chart, Performance Metrics, Trend & Indicators
198.53
-3.16 (-1.57%)
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 AUTOMATIC DATA PROCESSING (ADP) stock?
AUTOMATIC DATA PROCESSING (ADP) has an RSI value of 42.6014. This indicates that the stock is currently neutral.
What is the buy/sell signal for AUTOMATIC DATA PROCESSING (ADP) stock?
The buy/sell signal for AUTOMATIC DATA PROCESSING (ADP) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for AUTOMATIC DATA PROCESSING (ADP) stock?
AUTOMATIC DATA PROCESSING (ADP) has a resistance level at 226.25. Check the full technical report for our detailed analysis of ADP support and resistance levels.