The Greedy Trader Weekly Analysis
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- 5/15/2026 -
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Automatic Data Processing Inc. (ADP) Technical Analysis

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Summary:
Weekly :Overbought sector
Daily :20 Day Moving Average has crossed above the 50 Day Moving Average
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It was a first positive week for the Automatic Data Processing Inc. (ADP). During the week, the ADP climbed 1.49 points, or 0.70%, and closed at 214.48 on Friday, May 15, 2026. Weekly volume was 28% above average.

ADP is a member of Information Technology Sector. Information Technology is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

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 172.79 and resistance is at 231.97. 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 uptrend had started on April 10, 2026 at 188.16 and reached 216.55 on May 1, 2026. ADP gained -28.39 points, or -15.09%, in 3 weeks. The price is now at the 7.29% retracement level.

Weekly Technical Indicators: [See ADP weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since May 1, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.

Short-term trend: [See ADP short-term trend chart]
A short-term uptrend had started on May 13, 2026 at 204.56 and reached 214.92 on May 15, 2026. ADP gained -10.36 points, or -5.06%, in 2 days. Price is near the trend high.

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. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 66.20
Williams' Percentage Range (W%R) 29.80
Lane's Stochastic (%D-Slow) 57.48
Greed/Fear Indicator (GFI) 64.62
Moving Average Converg./Diverg. (MACD) 1.53
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 42.53
Williams' Percentage Range (W%R) 72.50
Lane's Stochastic (%D-Slow) 47.89
Greed/Fear Indicator (GFI) 41.64
Moving Average Converg./Diverg. (MACD) -18.62
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 231.97
Upper Bollinger Band 221.07
Price 214.48
Daily Stochastic Crossing 211.03
20 Day Moving Average 207.64
50 Day Moving Average 206.26
Parabolic System 205.47
Weekly Stochastic Crossing 203.49
Lower Bollinger Band 196.02
Quarterly Trendline Support 172.79
Sector and Industry
Description Name Rank
Sector Information Technology 8
Industry Internet Services & Infrastructure 93
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 204.56
Low Date 05/13/2026
High 214.92
High Date 05/15/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 204.56
Low Date 05/13/2026
High 214.92
High Date 05/15/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 188.16
Low Date 04/10/2026
High 216.55
High Date 05/01/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 231.97
Support 172.79
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.