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S&P 500 Oversold Stocks

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- 2/27/2026 -
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Automatic Data Processing Inc. (ADP) Technical Analysis

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Summary:
Weekly :Oversold sectorWilliams' Percentage Range and Lane's Stochastic are oversoldRelative Strength Index and Lane's Stochastic bullish divergence
Daily :Daily  MACD line has moved above its signal linePrice is near the Fibonacci 38.2% retracement levelThe period of high volatility of the stock price
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It was the negative week for the Automatic Data Processing Inc. (ADP). During the week, the ADP gave back -0.11 points, or -0.05%, and closed at 214.36 on Friday, February 27, 2026. Weekly volume was 136% above average.

ADP is a member of Information Technology Sector. Information Technology is the second most oversold 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 203.26 on February 24, 2026. ADP lost 126.67 points, or 38.39%, in 37 weeks. The price is now at the 8.76% retracement level.

Medium-term trend: [See ADP medium-term trend chart]
A medium-term downtrend had started on January 9, 2026 at 268.08 and reached 203.26 on February 24, 2026. ADP lost 64.82 points, or 24.18%, in 6 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 197.43 and resistance is at 240.72. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See ADP weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. Weekly Relative Strength Index and Lane's Stochastic have bullish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index and Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is below its signal line since June 20, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term downtrend 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 February 24, 2026 at 203.26 and reached 221.73 on February 26, 2026. ADP gained -18.47 points, or -9.09%, in 2 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.

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.

The distance between the Bollinger Bands is 160.10% higher then one year average. It indicates the period of high volatility of the stock price. 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) 35.05
Williams' Percentage Range (W%R) 75.10
Lane's Stochastic (%D-Slow) 44.96
Greed/Fear Indicator (GFI) 34.98
Moving Average Converg./Diverg. (MACD) -10.51
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 30.13
Bullish
Williams' Percentage Range (W%R) 87.10
Oversold
Lane's Stochastic (%D-Slow) 13.25
Oversold Bullish
Greed/Fear Indicator (GFI) 21.37
Moving Average Converg./Diverg. (MACD) -12.76 Bullish
Trading Signals
Description Value Chart
Upper Bollinger Band 247.64
50 Day Moving Average 243.99
Monthly Trendline Resistance 240.72
20 Day Moving Average 222.02
Price 214.36
Daily Stochastic Crossing 213.55
Weekly Stochastic Crossing 208.96
Parabolic System 203.43
Lower Bollinger Band 198.75
Monthly Trendline Support 197.43
Sector and Industry
Description Name Rank
Sector Information Technology 2
Industry Internet Services & Infrastructure 20
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 203.26
Low Date 02/24/2026
High 221.73
High Date 02/26/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 203.26
Low Date 02/24/2026
High 221.73
High Date 02/26/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 240.72
Support 197.43
High 268.08
High Date 01/09/2026
Low 203.26
Low Date 02/24/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 329.93
High Date 06/06/2025
Low 203.26
Low Date 02/24/2026
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.