Trading Signals: ADP Stock Price Prediction and Forecast

^ ADP: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Tue. Nov. 3, 2020

Trading Signals: ADP Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Wed. Sep. 27, 2023)

(Automatic Data Processing Inc)
ADP latest price $166.6000 (3.21%) ($163.0400 - $167.3700) on Tue. Nov. 3, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.68% (three month average)
RSI   73
Latest Price   $166.6000(3.21%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ADP advances 2.7% a day on average for past five trading days.
Weekly Trend   ADP advances 4.6% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support ADP advance at 0% a week (0% probability)
DIA(58%)    SPY(57%)    SPLV(56%)    IWD(55%)    IVW(54%)
Factors Impacting ADP price   ADP will decline at least -0.84% in a week (0% probabilities).
VIXM(-37%)    UUP(-24%)    EDOC(-12%)    VXX(-10%)    TBT(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.84% (StdDev 1.68%)
Hourly BBV 1.5 ()
Intraday Trend 0%

5 Day Moving Average   $159.89(4.2%)
10 Day Moving Average   $153.99(8.19%)
20 Day Moving Average   $150.9(10.4%)
To recent high   0%
To recent low   29.5%
Market Cap   $71.621b

Automatic Data Processing, Inc. engages in the provision of business outsourcing solutions specializes in cloud-based human capital management. It operates through the following business segments: Employer Services; and Professional Employer Organization Services; and Other. The Employer Services segment provides clients ranging from single-employee small businesses to large enterprises with tens of thousands of employees around the world, offering a range of human resources outsourcing and technology-based human capital management solutions, including strategic, cloud-based platforms. The Professional Employer Organization Services segment offers small and mid-sized businesses a human resources outsourcing solution through a co-employment mode. The Other segment comprises of non-recurring gains and losses; miscellaneous processing services; the elimination of intercompany transactions; and interest expense. The company was founded by Henry Taub in 1949 and is headquartered in Roseland, NJ.

$. ADP price fluctuates within 4.02% (three month std-dev: 1.68%) daily (68% of days).

Sample size 32 Average positive next day return: 1.7%(47%) Average negative next day return: -1.84%(53%) Sample size 32 Average positive next three day return: 3.93%(50%) Average negative next three day return: -2.97%(50%) Sample size 32 Average positive next weekly return: 4.13%(53%) Average negative next weekly return: -3.78%(47%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201203

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Nov_3_2020	143.2	150.9	153.99	159.89	160.48	163.38	166.6(3.21%)	UT	OpenLong	75	1.1	208	140	196	242	2.14	60%	0.13	87.3	1.68%	1.5	2.6	73	-0.6
2	Nov_2_2020	143.01	149.62	151.91	155.74	157.98	159.35	161.42(2.1%)	UT	OpenLong	75	1.1	151	100	146	165	2.74	57%	0.1	84.3	1.64%	1.6	2.3	67	-1.4
3	Oct_30_2020	142.86	148.58	150.21	152.6	154.3	157.59	158.1(-0.04%)	UD	OpenLong	75	1.1	98	180	100	93	2.89	52%	0.11	76.1	1.63%	0.1	2	61	-1.7
4	Oct_29_2020	142.71	147.61	149.16	150.83	151.29	156.6	158.17(1.95%)	UT	OpenLong	75	1.6	191	250	217	112	2.21	46%	0.01	71.7	1.68%	1.1	2.2	62	-1.4
5	Oct_28_2020	142.69	146.57	147.99	148.96	149.29	151	155.14(6.35%)	UT	OpenLong	75	1.5	152	90	178	72	4.71	44%	-0.01	75.1	1.85%	1.5	2	63	-2.6

6	Oct_27_2020	142.71	145.78	147.24	147.3	147.4	145.99	145.88(0.13%)	DP	OpenShort	-75	-0.3	-47	-60	-52	-32	2.01	37%	-0.11	79.4	1.68%	-0.4	0	57	-0.5
7	Oct_26_2020	142.87	145.4	147.61	147.47	147.59	147.58	145.69(-2.4%)	DT	OpenShort	-75	-0.4	-31	0	-39	-7	2.68	37%	-0.1	80	1.68%	-1.5	0.1	61	-0.4
8	Oct_23_2020	143.02	145.02	148.1	147.33	147.8	148.81	149.28(0.33%)	UT	OpenLong	75	0.4	52	60	53	49	1.08	39%	-0.01	78.2	1.66%	1.3	0.9	71	1.1
9	Oct_22_2020	143.03	144.31	148.11	147.16	146.95	147.61	148.8(1.31%)	UT	OpenLong	75	0.3	35	30	26	61	1.49	39%	-0.01	68.7	1.66%	2.7	0.8	74	1.2
10	Oct_21_2020	143.05	143.46	147.94	146.88	147	146.79	146.87(0.12%)	UT	OpenLong	75	-0	27	-10	11	74	1.17	39%	-0.01	55.3	1.65%	0.7	0.5	74	0.9

11	Oct_20_2020	143.07	142.6	147.68	147.23	147.06	146.3	146.69(1.17%)	N/A	N/A	0	-0.1	-15	-40	-43	69	1.19	39%	0.01	48.8	1.65%	-0.6	0.6	67	0.6
12	Oct_19_2020	143.06	141.93	147.28	147.82	147.66	147.21	145(-2.31%)	N/A	N/A	0	-0.4	-13	-20	-47	89	2.2	39%	-0.01	47.1	1.65%	-2.3	0.5	68	0.7
13	Oct_16_2020	143.07	141.27	146.98	148.94	148.69	147.83	148.43(0.69%)	UD	OpenLong	65	-0.1	16	-50	-22	130	1.15	41%	0.03	48.2	1.62%	0.3	1	78	1.4
14	Oct_15_2020	143.03	140.59	146.07	149.2	149.28	148.11	147.42(-0.8%)	N/A	N/A	0	-0.3	-5	-50	-52	135	1.71	41%	0.01	52.4	1.63%	-0.8	1	80	1.6
15	Oct_14_2020	143.01	140.08	145.16	149.12	149.76	149.55	148.61(-0.69%)	UD	OpenLong	65	-0.1	37	0	-8	171	2.25	41%	0.07	58.6	1.65%	-1.1	1.3	87	2

16	Oct_13_2020	142.91	139.5	144.26	148.14	149.13	150.45	149.64(-0.65%)	UD	OpenLong	75	0.2	96	80	57	214	1.97	41%	0.05	57.9	1.65%	-0.1	1.7	90	2.1
17	Oct_12_2020	142.84	138.81	143.04	146.61	147.49	149.97	150.62(0.62%)	UT	HoldLong	65	0.7	148	140	120	233	2.96	41%	0.11	56.4	1.65%	0.9	2.1	78	2.7
18	Oct_9_2020	142.68	138.05	141.67	144.7	145.37	147.81	149.69(1.8%)	UT	HoldLong	65	1	164	130	141	233	2.69	41%	0.12	51.1	1.66%	1.2	2.3	79	2.6
19	Oct_8_2020	142.51	137.2	140.13	142.52	143.28	145	147.05(2.32%)	UT	OpenLong	75	1	137	100	118	195	1.98	38%	0.09	38.8	1.65%	1.4	2.2	66	1.7
20	Oct_7_2020	142.38	136.41	138.51	140.66	141.14	142.93	143.71(1.2%)	UT	OpenLong	75	0.8	89	100	73	136	2.42	32%	0.08	19.3	1.63%	1.2	1.9	57	1

21	Oct_6_2020	142.27	136.04	137.03	139.81	139.89	141.55	142(0.66%)	UT	OpenLong	75	0.6	93	80	88	108	2.21	32%	0.04	12.5	1.65%	0.6	1.8	55	0.3
22	Oct_5_2020	142.21	135.7	136.1	138.92	139.15	139.35	141.07(1.66%)	UT	OpenLong	75	0.7	60	20	55	73	1.96	32%	0.04	0.9	1.65%	1.5	1.7	55	0.6
23	Oct_2_2020	142.15	135.52	135.08	138.17	138.35	138.23	138.77(0.75%)	N/A	N/A	0	0.2	-2	-0	-10	23	2.23	29%	0.03	-10.5	1.65%	0	1.1	53	0.4
24	Oct_1_2020	142.11	135.51	134.66	137.33	138.15	138.94	137.74(-1.25%)	UD	OpenLong	75	0.1	47	60	50	39	2.02	29%	0.02	-20.7	1.65%	-1.1	0.7	57	0.8
25	Sep_30_2020	142.08	135.7	134.61	135.94	136.87	138.48	139.48(1.4%)	UT	OpenLong	75	1.1	85	100	96	50	2.85	29%		-26.7	1.65%	0.8	1.1	62	0.8
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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