AUTOMATIC DATA PROCESSING (ADP)

US0530151036 - Common Stock

304.57  +5.98 (+2%)

After market: 304.57 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to ADP. Both in the recent history as in the last year, ADP has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ADP is one of the better performing stocks in the market, outperforming 79% of all stocks. On top of that, ADP also shows a nice and consistent pattern of rising prices.
ADP is one of the better performing stocks in the Professional Services industry, it outperforms 76% of 81 stocks in the same industry.
ADP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ADP has a been trading in the 284.39 - 309.37 range, which is quite wide. It is currently trading near the high of this range.
ADP has an average volume of 1586830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
ADP Weekly chart
ADP Daily chart
Setup Rating and Analysis

3

Although ADP has an excellent technical rating, it does not offer a high 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.

Support and Resistance Analysis

211.09

311.00

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 297.44 to 302.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 286.82 to 288.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @272.87 from a horizontal line in the daily time frame.
  • Support @247.07 from a trend line in the weekly time frame.
  • Support @213.22 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 304.74 to 307.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.18
Mansfield0.62
10 Day High309.37
10 Day Low295.06
20 Day High309.37
20 Day Low284.39
52 Week High309.37
52 Week Low227.12
Performance
1 Week0.85%
2 Weeks-0.09%
1 Month5.23%
3 Month12.97%
6 Month22.37%
12 Month32.04%
2 Year15.31%
3 Year31.91%
5 Year78.34%
10 Year255.64%
15 Year600.97%
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)
Technical Indicators
MACD(12,26,9)-0.53
RSI(14)63.97
LBB289.92
UBB312.4
ADP Daily chart

AUTOMATIC DATA PROCESSING

NASDAQ:ADP (11/21/2024, 8:10:50 PM)

After market: 304.57 0 (0%)

304.57

+5.98 (+2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg2%
1 Week0.85%
2 Weeks-0.09%
1 Month5.23%
3 Month12.97%
6 Month22.37%
12 Month32.04%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.84
ATR(20)%1.54%
ATR Inc
Range Today6.15
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High309.37
10 Day Low295.06
20 Day High309.37
20 Day Low284.39
52 Week High309.37
52 Week Low227.12
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.81M
Volume Incr-1.08%
Vol(5)1.65M
Vol(50)1.59M