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Industry Stocks Technical Analysis - ADP

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- 10/16/2026 -
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Automatic Data Processing Inc. (ADP) Technical Analysis

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Summary:
Weekly :Overbought sectorWilliams' Percentage Range is strongly overbought
Daily :Williams' Percentage Range and Lane's Stochastic are strongly overboughtPrice has crossed above the 50 Day Moving AverageThe price touches the upper Bollinger Band
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It was a second consecutive positive week for the Automatic Data Processing Inc. (ADP). During the week, the ADP gained 18.02 points, or 6.65%, and closed at 288.90 on Friday, October 16, 2026. It was the best weekly gain since July 2, 2026. Weekly volume was -36% below 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 price is now at the 71.06% retracement level.

Medium-term trend: [See ADP medium-term trend chart]
A medium-term uptrend had started on April 10, 2026 at 188.16 and reached 290.12 on October 16, 2026. ADP gained -101.96 points, or -54.19%, in 27 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 260.56 and resistance is at 314.70. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See ADP weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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 link to access Williams' Percentage Range help.

The weekly MACD line is above its signal line since May 1, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 October 5, 2026 at 255.96 and reached 290.12 on October 16, 2026. ADP gained -34.16 points, or -13.35%, in 11 days. Price is near the trend high.

Daily Technical Indicators: [See ADP daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help.

The daily MACD line is above its signal line since October 7, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.

The price touches the upper Bollinger Band. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 78.74
Williams' Percentage Range (W%R) 6.40
Strong Overbought
Lane's Stochastic (%D-Slow) 94.37
Strong Overbought
Greed/Fear Indicator (GFI) 88.90
Overbought
Moving Average Converg./Diverg. (MACD) 0.35
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 69.12
Williams' Percentage Range (W%R) 2.90
Strong Overbought
Lane's Stochastic (%D-Slow) 48.88
Greed/Fear Indicator (GFI) 69.12
Moving Average Converg./Diverg. (MACD) 8.77
Trading Signals
Description Value Chart
Monthly Trendline Resistance 314.70
Upper Bollinger Band 289.57
Price 288.90
Daily Stochastic Crossing 288.40
50 Day Moving Average 272.86
Parabolic System 272.07
Weekly Stochastic Crossing 270.81
20 Day Moving Average 268.31
Monthly Trendline Support 260.56
Lower Bollinger Band 255.11
Sector and Industry
Description Name Rank
Sector Information Technology 9
Industry Internet Services & Infrastructure 90
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 255.96
Low Date 10/05/2026
High 290.12
High Date 10/16/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 255.96
Low Date 10/05/2026
High 290.12
High Date 10/16/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 314.70
Support 260.56
Low 188.16
Low Date 04/10/2026
High 290.12
High Date 10/16/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
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.