The Greedy Trader Weekly Analysis
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- 5/22/2026 -
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Automatic Data Processing Inc. (ADP) Technical Analysis

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Summary:
Weekly :Overbought sectorTrend resistance at 229.89Trend resistance at 226.04
Daily :
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It was a second consecutive positive week for the Automatic Data Processing Inc. (ADP). During the week, the ADP gained 10.83 points, or 5.05%, and closed at 225.31 on Friday, May 22, 2026. Weekly volume was 17% above average.

ADP is a member of Information Technology Sector. Information Technology is the 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 price is near the trend resistance line (229.89). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line 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 227.43 on May 19, 2026. ADP gained -39.27 points, or -20.87%, in 5 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend resistance line (226.04). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.

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. 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 18, 2026 at 223.31 and reached 227.43 on May 19, 2026. ADP gained -4.12 points, or -1.84%, in 1 days. The price is now at the 51.46% retracement level.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 65.83
Williams' Percentage Range (W%R) 22.40
Lane's Stochastic (%D-Slow) 79.31
Greed/Fear Indicator (GFI) 74.25
Moving Average Converg./Diverg. (MACD) 3.06
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.32
Williams' Percentage Range (W%R) 59.80
Lane's Stochastic (%D-Slow) 60.78
Greed/Fear Indicator (GFI) 51.00
Moving Average Converg./Diverg. (MACD) -18.04
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 229.89
Upper Bollinger Band 227.42
Monthly Trendline Resistance 226.04
Price 225.31
Daily Stochastic Crossing 221.63
Weekly Stochastic Crossing 214.86
Parabolic System 213.96
20 Day Moving Average 213.01
Monthly Trendline Support 211.74
50 Day Moving Average 206.71
Lower Bollinger Band 199.85
Sector and Industry
Description Name Rank
Sector Information Technology 10
Industry Internet Services & Infrastructure 97
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 223.31
Low Date 05/18/2026
High 227.43
High Date 05/19/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 223.31
Low Date 05/18/2026
High 227.43
High Date 05/19/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Resistance
Resistance 226.04
Support 211.74
Low 188.16
Low Date 04/10/2026
High 227.43
High Date 05/19/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 229.89
Support 169.72
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.