The Greedy Trader Weekly Analysis
Sign In May 18, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 0
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Automatic Data Processing Inc.
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken uptrend resistance line - uptrend exhaustionLane's Stochastic is overboughtWilliams' Percentage Range is strongly overbought
Daily :Broken uptrend resistance line - uptrend exhaustionRelative Strength Index is overboughtWilliams' Percentage Range and Lane's Stochastic are strongly overboughtStochastic has declined below the signal line
Move cursor over the icon to see details.

It was a seventh consecutive positive week for the Automatic Data Processing Inc. (ADP). During the week, the ADP gained 1.98 points, or 1.58%, and closed at 127.34 on Friday, May 11, 2018. Weekly volume was -12% below average.

ADP is a member of Technology Sector. 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 uptrend had started on August 24, 2015 at 64.29 and reached 127.92 on May 9, 2018. ADP gained -63.63 points, or -98.97%, in 141 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (112.73) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 long-term trend.

Medium-term trend: [See ADP medium-term trend chart]
A medium-term uptrend had started on February 9, 2018 at 107.61 and reached 127.92 on May 9, 2018. ADP gained -20.31 points, or -18.87%, in 12 weeks. Price is near the trend high.

Weekly Technical Indicators: [See ADP weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. 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 above its signal line since April 27, 2018. 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 March 23, 2018 at 109.14 and reached 127.92 on May 9, 2018. ADP gained -18.78 points, or -17.21%, in 47 days. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (124.10) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 short-term trend.

Daily Technical Indicators: [See ADP daily technical indicators chart]
Daily Relative Strength Index is overbought while Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index or strongly overbought daily Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following link to access Relative Strength Index help.

The daily MACD line is above its signal line since April 3, 2018. This is an indication that the short-term trend is up.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 83.03
Overbought
Williams' Percentage Range (W%R) 2.20
Strong Overbought
Lane's Stochastic (%D-Slow) 96.48
Strong Overbought
Greed/Fear Indicator (GFI) 92.43
Strong Overbought
Moving Average Converg./Diverg. (MACD) 2.17
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.70
Williams' Percentage Range (W%R) 1.70
Strong Overbought
Lane's Stochastic (%D-Slow) 82.99
Overbought
Greed/Fear Indicator (GFI) 80.36
Overbought
Moving Average Converg./Diverg. (MACD) 1.71
Trading Signals
Description Value Chart
Upper Bollinger Band 129.71
Daily Stochastic Crossing 127.64
Price 127.34
Weekly Stochastic Crossing 125.60
Weekly Trendline Support 124.10
Weekly Trendline Resistance 121.98
20 Day Moving Average 120.86
Parabolic System 118.47
50 Day Moving Average 117.39
Quarterly Trendline Resistance 115.38
Lower Bollinger Band 113.69
Quarterly Trendline Support 112.73
Sector and Industry
Description Name Rank
Sector Technology 8
Industry Business Software & Svcs 132
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 112.58
Low Date 05/01/2018
High 127.92
High Date 05/09/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 121.98
Support 124.10
Low 109.14
Low Date 03/23/2018
High 127.92
High Date 05/09/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 107.61
Low Date 02/09/2018
High 127.92
High Date 05/09/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 115.38
Support 112.73
Low 64.29
Low Date 08/24/2015
High 127.92
High Date 05/09/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 26.46
Low Date 05/06/2010
High 127.92
High Date 05/09/2018
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.

Copyright© 2004-2016 All rights reserved.