AUTOMATIC DATA PROCESSING INC.
AUTOMATIC DATA PROCESSING INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ADP
ISIN:

AUTOMATIC DATA PROCESSING INC. - Daily - Technical analysis published on 10/04/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 157.58 USD
My targets
151.77 USD (-3.66%)
132.76 USD (-15.73%)
My analysis
In the short term, we can see an acceleration in the bearish trend on AUTOMATIC DATA PROCESSING INC., which is a positive signal for sellers. As long as the price remains above 157.58 USD, a sale could be considered. The first bearish objective is located at 151.77 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 132.76 USD as an objective. Crossing it would then enable sellers to target 126.21 USD. If the price were to return above 157.58 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
5.7

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The AUTOMATIC DATA PROCESSING INC. price is 157.54 USD. The price registered an increase of +0.59% on the session and was between 153.72 USD and 157.60 USD. This implies that the price is at +2.49% from its lowest and at -0.04% from its highest.

153.72
157.60
157.54

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of this Daily chart of AUTOMATIC DATA PROCESSING INC. indicates that the overall trend is bearish. 75% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : Daily



The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Downside gap

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 126.21 132.76 151.77 157.54 157.58 164.90 170.18
Change (%) -19.89% -15.73% -3.66% - +0.03% +4.67% +8.02%
Change -31.33 -24.78 -5.77 - +0.04 +7.36 +12.64
Level Minor Intermediate Major - Major Intermediate Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard151.23153.35154.99157.11158.75160.87162.51
Camarilla155.59155.93156.28156.62156.97157.31157.65
Woodie150.98153.23154.74156.99158.50160.75162.26
Fibonacci153.35154.79155.68157.11158.55159.44160.87


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard152.49155.50157.96160.97163.43166.44168.90
Camarilla158.93159.43159.93160.43160.93161.43161.93
Woodie152.23155.36157.70160.83163.17166.30168.64
Fibonacci155.50157.59158.88160.97163.06164.35166.44


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard135.01145.53153.47163.99171.93182.45190.39
Camarilla156.34158.04159.73161.42163.11164.80166.50
Woodie133.73144.89152.19163.35170.65181.81189.11
Fibonacci145.53152.58156.94163.99171.04175.40182.45

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 39.64
MACD (12,26,9): -1.8400
Directional Movement: -18.25
AROON (14): -28.57
DEMA (21): 158.86
Parabolic SAR (0,02-0,02-0,2): 163.80
Elder Ray (13): -4.55
Super Trend (3,10): 165.36
Zig ZAG (10): 157.54
VORTEX (21): 0.7600
Stochastique (14,3,5): 35.35
TEMA (21): 157.91
Williams %R (14): -62.73
Chande Momentum Oscillator (20): -1.29
Repulse (5,40,3): 0.1100
ROCnROLL: 2
TRIX (15,9): -0.1600
Courbe Coppock: 3.62
MA7: 160.20
MA20: 161.07
MA50: 164.66
MA100: 164.41
MAexp7: 159.26
MAexp20: 161.21
MAexp50: 163.26
MAexp100: 162.64
Price / MA7: -1.66%
Price / MA20: -2.19%
Price / MA50: -4.32%
Price / MA100: -4.18%
Price / MAexp7: -1.08%
Price / MAexp20: -2.28%
Price / MAexp50: -3.50%
Price / MAexp100: -3.14%

This member declared not having a position on this financial instrument or a related financial instrument.

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