AUTOMATIC DATA PROCESSING (ADP)

US0530151036 - Common Stock

294.02  +2.69 (+0.92%)

After market: 294.02 0 (0%)

Technical Rating and Analysis

7

Taking everything into account, ADP scores 7 out of 10 in our technical rating. In the last year, ADP was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month ADP has a been trading in the 287.63 - 309.63 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that ADP is one of the better performing stocks in the market, outperforming 81% of all stocks. We also observe that the gains produced by ADP over the past year are nicely spread over this period.
ADP is part of the Professional Services industry. There are 81 other stocks in this industry. ADP outperforms 78% of them.
ADP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ADP is performing more or less in line with the market.
ADP has an average volume of 1784220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ADP Weekly chart
ADP Daily chart
Setup Rating and Analysis

4

ADP has an excellent technical rating, but the quality of the setup is 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.

Support and Resistance Analysis

246.88

311.06

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 288.49 to 294.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @249.37 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 296.23 to 300.67. 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 306.94 to 307.98. 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
CRS81.4
Mansfield0.29
10 Day High304.75
10 Day Low287.63
20 Day High309.63
20 Day Low287.63
52 Week High309.63
52 Week Low230.38
Performance
1 Week-0.92%
2 Weeks-3.46%
1 Month-3.46%
3 Month6.37%
6 Month18.57%
12 Month27.3%
2 Year23.09%
3 Year19.24%
5 Year72.45%
10 Year252.67%
15 Year586.64%
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)-1.59
RSI(14)43.82
LBB288.96
UBB307.57
ADP Daily chart

AUTOMATIC DATA PROCESSING

NASDAQ:ADP (12/20/2024, 8:00:00 PM)

After market: 294.02 0 (0%)

294.02

+2.69 (+0.92%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0.92%
1 Week-0.92%
2 Weeks-3.46%
1 Month-3.46%
3 Month6.37%
6 Month18.57%
12 Month27.3%
2 Year23.09%
3 Year19.24%
5 Year72.45%
10 Year252.67%
15 Year586.64%
Volatility
ATR(14)4.93
ATR(20)%1.5%
ATR Inc29.82%
Range Today5.2
ADR(20)4.37
ADR(20)%1.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.4
Mansfield0.29
10 Day High304.75
10 Day Low287.63
20 Day High309.63
20 Day Low287.63
52 Week High309.63
52 Week Low230.38
CS1 End294.01
CR1 Start296.23
Volume & EV
DER(3)-0.82%
DER(5)-0.86%
Volume4.17M
Volume Incr51.42%
Vol(5)2.68M
Vol(50)1.78M