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Industry Stocks Technical Analysis - ADP

Archive
- 8/28/2026 -
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Automatic Data Processing Inc. (ADP) Technical Analysis

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Summary:
Weekly :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtBroken trend resistance line
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtMACD bearish divergenceDaily  MACD line has moved above its signal lineThe price is above the upper Bollinger Band
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It was a fifth consecutive positive week for the Automatic Data Processing Inc. (ADP). During the week, the ADP gained 6.67 points, or 2.38%, and closed at 287.48 on Friday, August 28, 2026. Weekly volume was -30% below average.

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 chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (128.52) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. ADP may retest the broken resistance line. It is considered to be a support line now. 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 April 10, 2026 at 188.16 and reached 287.86 on August 28, 2026. ADP gained -99.70 points, or -52.99%, in 20 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 May 1, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 June 22, 2026 at 213.80 and reached 287.86 on August 28, 2026. ADP gained -74.06 points, or -34.64%, in 67 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 276.39 and resistance is at 333.46. 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 short-term trend.

Daily Technical Indicators: [See ADP daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 64.98
Williams' Percentage Range (W%R) 11.70
Overbought
Lane's Stochastic (%D-Slow) 88.43
Overbought
Greed/Fear Indicator (GFI) 80.58
Overbought
Moving Average Converg./Diverg. (MACD) 7.86 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 78.99
Williams' Percentage Range (W%R) 2.90
Strong Overbought
Lane's Stochastic (%D-Slow) 89.04
Overbought
Greed/Fear Indicator (GFI) 83.30
Overbought
Moving Average Converg./Diverg. (MACD) 1.96
Trading Signals
Description Value Chart
Weekly Trendline Resistance 333.46
Price 287.48
Upper Bollinger Band 286.23
Daily Stochastic Crossing 285.85
Weekly Stochastic Crossing 282.69
Parabolic System 277.15
Weekly Trendline Support 276.39
20 Day Moving Average 275.53
Lower Bollinger Band 262.24
50 Day Moving Average 255.55
Sector and Industry
Description Name Rank
Sector Information Technology 7
Industry Internet Services & Infrastructure 61
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 240.40
Low Date 07/23/2026
High 287.86
High Date 08/28/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 333.46
Support 276.39
Low 213.80
Low Date 06/22/2026
High 287.86
High Date 08/28/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 188.16
Low Date 04/10/2026
High 287.86
High Date 08/28/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Resistance
Resistance 202.08
Support 128.52
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.