The Greedy Trader Weekly Analysis
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- 4/24/2026 -
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Automatic Data Processing Inc. (ADP) Technical Analysis

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Summary:
Weekly :Broken trend resistance lineWilliams' Percentage Range and Lane's Stochastic are oversold
Daily :The price has fallen below the Parabolic SAR
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It was the negative week for the Automatic Data Processing Inc. (ADP). During the week, the ADP dropped -3.94 points, or -1.97%, and closed at 196.53 on Friday, April 24, 2026. Weekly volume was 28% above average.

Long-term trend: [See ADP long-term trend chart]
A long-term downtrend had started on June 6, 2025 at 329.93 and reached 188.16 on April 10, 2026. ADP lost 141.77 points, or 42.97%, in 44 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 179.72 and resistance is at 232.79. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.

Medium-term trend: [See ADP medium-term trend chart]
A medium-term downtrend had started on January 9, 2026 at 268.08 and reached 188.16 on April 10, 2026. ADP lost 79.92 points, or 29.81%, in 13 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (183.44) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See ADP weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is below its signal line since June 20, 2025. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See ADP short-term trend chart]
A short-term downtrend had started on March 6, 2026 at 226.50 and reached 188.16 on April 10, 2026. ADP lost 38.34 points, or 16.93%, in 35 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 175.26 and resistance is at 205.53. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.

Daily Technical Indicators: [See ADP daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since April 15, 2026. The distance between MACD and the signal line is low, but getting bigger.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 39.32
Williams' Percentage Range (W%R) 56.00
Lane's Stochastic (%D-Slow) 62.48
Greed/Fear Indicator (GFI) 48.59
Moving Average Converg./Diverg. (MACD) -3.76
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 23.72
Williams' Percentage Range (W%R) 89.00
Oversold
Lane's Stochastic (%D-Slow) 15.88
Oversold
Greed/Fear Indicator (GFI) 20.63
Moving Average Converg./Diverg. (MACD) -18.67
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 232.79
Upper Bollinger Band 209.30
50 Day Moving Average 207.49
Parabolic System 205.85
Weekly Trendline Resistance 205.53
Daily Stochastic Crossing 201.33
20 Day Moving Average 199.95
Price 196.53
Weekly Stochastic Crossing 195.04
Lower Bollinger Band 193.31
Monthly Trendline Resistance 189.30
Monthly Trendline Support 183.44
Quarterly Trendline Support 179.72
Weekly Trendline Support 175.26
Sector and Industry
Description Name Rank
Sector Information Technology 5
Industry Internet Services & Infrastructure 55
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 188.16
Low Date 04/10/2026
High 206.10
High Date 04/21/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 205.53
Support 175.26
High 226.50
High Date 03/06/2026
Low 188.16
Low Date 04/10/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 189.30
Support 183.44
High 268.08
High Date 01/09/2026
Low 188.16
Low Date 04/10/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 232.79
Support 179.72
High 329.93
High Date 06/06/2025
Low 188.16
Low Date 04/10/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 26.46
Low Date 05/06/2010
High 329.93
High Date 06/06/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.