The Greedy Trader Weekly Analysis
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Number of records: 6
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Automatic Data Processing Inc.
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Summary:
Weekly :Broken trend resistance lineBroken trend resistance line
Daily :Broken trend resistance lineDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SAR
Move cursor over the icon to see details.

It was a first positive week for the Automatic Data Processing Inc. (ADP). During the week, the ADP gained 4.37 points, or 3.20%, and closed at 140.72 on Friday, November 02, 2018. It was the best weekly gain since August 10, 2018. Weekly volume was 34% above average.

Long-term trend: [See ADP long-term trend chart]
A long-term uptrend had started on May 6, 2010 at 26.46 and reached 153.51 on October 3, 2018. ADP gained -127.05 points, or -480.16%, in 438 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (98.57) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 August 24, 2015 at 64.29 and reached 153.51 on October 3, 2018. ADP gained -89.22 points, or -138.78%, in 162 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (121.31) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 medium-term trend.

Weekly Technical Indicators: [See ADP weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since October 12, 2018. Use the following link to access a MACD help.

Short-term trend: [See ADP short-term trend chart]
A short-term downtrend had started on October 3, 2018 at 153.51 and reached 133.13 on October 29, 2018. ADP lost 20.38 points, or 13.28%, in 26 days. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (131.82) is broken. A broken support is considered to be a long-term bullish signal. 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 short-term trend.

Daily Technical Indicators: [See ADP daily technical indicators chart]
Daily technical indicators are neutral.

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

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.74
Williams' Percentage Range (W%R) 58.40
Lane's Stochastic (%D-Slow) 52.63
Greed/Fear Indicator (GFI) 48.31
Moving Average Converg./Diverg. (MACD) -1.75
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 53.73
Williams' Percentage Range (W%R) 51.00
Lane's Stochastic (%D-Slow) 44.37
Greed/Fear Indicator (GFI) 48.31
Moving Average Converg./Diverg. (MACD) 6.07
Trading Signals
Description Value Chart
Upper Bollinger Band 149.40
50 Day Moving Average 145.37
20 Day Moving Average 141.64
Daily Stochastic Crossing 140.78
Price 140.72
Weekly Stochastic Crossing 139.79
Weekly Trendline Resistance 138.18
Lower Bollinger Band 134.56
Parabolic System 133.50
Weekly Trendline Support 131.82
Monthly Trendline Support 121.31
Quarterly Trendline Support 121.31
Monthly Trendline Resistance 120.23
Quarterly Trendline Resistance 120.23
Yearly Trendline Resistance 112.93
Sector and Industry
Description Name Rank
Sector Technology 5
Industry Business Software & Svcs 92
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 145.15
High Date 10/19/2018
Low 133.13
Low Date 10/29/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 138.18
Support 131.82
High 153.51
High Date 10/03/2018
Low 133.13
Low Date 10/29/2018
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 120.23
Support 121.31
Low 64.29
Low Date 08/24/2015
High 153.51
High Date 10/03/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 120.23
Support 121.31
Low 64.29
Low Date 08/24/2015
High 153.51
High Date 10/03/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 112.93
Support 98.57
Low 26.46
Low Date 05/06/2010
High 153.51
High Date 10/03/2018
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.

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