AUTOMATIC DATA PROCESSING (ADP) Stock Technical Analysis
NASDAQ:ADP - Nasdaq - US0530151036 - Common Stock - Currency: USD
Taking everything into account, ADP scores 10 out of 10 in our technical rating. 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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ADP is one of the better performing stocks in the market, outperforming 78% of all stocks. On top of that, ADP also shows a nice and consistent pattern of rising prices.
ADP is part of the Professional Services industry. There are 82 other stocks in this industry. ADP outperforms 85% of them.
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 293.24 - 313.72 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
ADP has an average volume of 1684060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, ADP also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 310.77. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
252.00
316.36
When analyzing the support we can see 3 important areas.
- A support zone ranging from 298.25 to 299.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 286.44 to 286.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @254.55 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 310.77 to 313.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.55
Mansfield0.7
10 Day High313.72
10 Day Low302.81
20 Day High313.72
20 Day Low293.24
52 Week High313.72
52 Week Low231.27
Performance
1 Week0.17%
2 Weeks0.58%
1 Month5.06%
3 Month1.84%
6 Month15.27%
12 Month21.45%
2 Year41.37%
3 Year52.01%
5 Year100.83%
10 Year249.8%
15 Year646.84%
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)0.33
RSI(14)61.45
LBB303.68
UBB313.28
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 313.24 | 302.80 | 10.44 (3.33%) | 25.00% |
| An entry @313.24. This is a Buy Stop order right above the resistance zone. | An exit @302.80. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 10.44 points, which is 3.33%. | For a 0.83% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
310.76
-1.21 (-0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-0.39%
1 Week0.17%
2 Weeks0.58%
1 Month5.06%
3 Month1.84%
6 Month15.27%
12 Month21.45%
2 Year41.37%
3 Year52.01%
5 Year100.83%
10 Year249.8%
15 Year646.84%
Volatility
ATR(14)4.01
ATR(20)%1.59%
ATR Inc1.22%
Range Today5.04
ADR(20)4.69
ADR(20)%1.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.55
Mansfield0.7
10 Day High313.72
10 Day Low302.81
20 Day High313.72
20 Day Low293.24
52 Week High313.72
52 Week Low231.27
CS1 End299.85
CR1 Start310.77
Volume & EV
DER(3)0.55%
DER(5)-0.11%
Volume1.60M
Volume Incr-18.8%
Vol(5)1.35M
Vol(50)1.68M