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Stock Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
Automatic Data Processing, Inc. (NASDAQ:ADP)
Bear Market Rally (-75) - ADP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ADP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ADP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ADP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ADP
The long-term trend has been DOWN since Oct 27th, 2023 at 216.25
The intermediate-term trend has been UP since Nov 22nd, 2023 at 233.30
The short-term trend has been DOWN since Dec 7th, 2023 at 229.86
Smart Scan Analysis for ADP
Based on our trend formula, ADP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 229.190 | 232.585 | 228.270 | 229.190 | -0.800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 229.270 | 968520 | 2023-12-08 15:58:59 |
| Year High | 153.51 | Year High Date | 2018-10-03 |
| Year Low | 107.61 | Year Low Date | 2018-02-09 |
| 52wk High | 274.92 | 52wk High Date | 2022-12-13 |
| 52wk Low | 201.46 | 52wk Low Date | 2023-04-26 |
| Year End Close | 56.93 | Average Volume | 1,669,794 |
| Shares Outstanding | 411,305 | Short Interest | 5,095,338 |
| % Institutional | 76.2 | Market Cap | 69,925M |
| Assets | 493,236,000M | Liabilities | 458,508,000M |
| P/E Ratio | 27.3147 | Beta | 0.83 |
| Volatility | 31.1 |