Stock Analysis: Automatic Data Processing (ADP)

Stock Analysis for Automatic Data Processing (ADP)

The Interpreter
Hey Friend, I'm analysing AUTOMATIC DATA PROCESSING (ADP), and it is between the Support of $ 241.10 (Triangle Projection Level 0) and the Resistance of $ 244.98 (Pivot). The stock is also approaching the line of Pivot at $ 244.98, and if it goes above this line it could reach the next Resistance of Triangle projection at $247.71.

Automatic Data Processing (ADP)

$ 243.07 -1.3%

Last Close 26-Apr-24

Trade ADP Now

Supports

Next Support: $ 241.10

Pivot S1: $ 239.59
Triangle Level (0): $ 241.10

Resistances

Next Resistance: $ 244.98

Pivot: $ 244.98
Triangle Level (0): $ 247.71

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 01 Apr 2024	Sell Price: 245.31	Profit: Open Day1 ($ 240.11)	Engulfing	Sell
002 22 Mar 2024	Sell Price: 247.61	Profit: Open Day1 ($ 247.42)	Engulfing	Sell
003 03 Jan 2024	Sell Price: 232.51	Loss: Close Day2 ($ 235.21)	Engulfing	Sell
004 16 Nov 2023	Sell Price: 229.91	Profit: Close Day1 ($ 229.39)	Engulfing	Sell
005 03 Oct 2023	Buy Price: 240.21	Profit: Open Day1 ($ 241.29)	Engulfing	Buy
006 03 Oct 2023	Buy Price: 240.42	Profit: Open Day1 ($ 241.29)	Piercing Line	Buy
007 31 Aug 2023	Sell Price: 254.61	Profit: Close Day2 ($ 252.85)	Engulfing	Sell
008 29 Aug 2023	Sell Price: 254.35	Loss: Close Day2 ($ 254.61)	Abandoned Baby	Sell
009 30 May 2023	Sell Price: 210.12	Profit: Close Day1 ($ 208.99)	Engulfing	Sell
010 08 May 2023	Sell Price: 214.27	Profit: Open Day1 ($ 213.93)	Engulfing	Sell
011One Year Average	Both Sides Result for 10 Signals	Profit: $ 8.13 ($ 0.81 / Signal) +3.4% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for ADP Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	244.71	SELL	2	244.18	SELL
3	245.34	SELL	3	244.67	SELL
5	245.83	SELL	5	244.94	SELL
8	244.67	SELL	8	244.98	SELL
13	244.59	SELL	13	245.02	SELL
21	245.26	SELL	21	245.18	SELL
34	245.20	SELL	34	245.30	SELL
55	247.07	SELL	55	244.82	SELL
90	243.29	SELL	90	243.42	SELL
200	241.45	BUY	200	239.63	BUY

Company Info +

Name & IPO

Automatic Data Processing
IPO: 1961-09-01

Stock Ticker & Exchange

Ticker: ADPIndices: S&P 500, Nasdaq 100,
Exchange: Nasdaq Nms - Global Market (US - USD)

Contact

Website: https://www.adp.com/
Phone:

Stock Type

Common Stock

SIC Office

Technology ()

Industry

Services-computer Processing & Data Preparation

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.