US stock / ETF

Automatic Data Processing, Inc.

ADP · NASDAQ · USD

1 monthBearish83%
Monthly Downside probability 83%Bearish

ADP 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $252.61 and stabilize above resistance $329.84.

Invalidation Trigger

Break above $329.84 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 38.9, MACD -10.362

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $25.09 (11.38%)

Monthly

EMA Structure

Range
EMA 8$231.79Bearish
EMA 21$252.61Bearish
EMA 50$245.47Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.9 · MACD -10.362

Momentum is weak

Strength
Bearish
Volatility
ATR $25.09 · BB 58.25%

High volatility

Strength
Bearish
Volume
MFI 26.0 · OBV -54.94%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$188.21 - $329.84

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+60.94% · 5.4 ATR above latest close

$354.93
Nearest resistance

+49.57% · 4.4 ATR above · 34-bar high

$329.84
Current price

Price shown is delayed

$220.53
Nearest support

-14.66% · 1.3 ATR below · 34-bar low

$188.21
Deeper support zone

-26.03% · 2.3 ATR below latest close

$163.12
ATR zone

Latest close ± ATR14

$195.44 - $245.62

Indicators

Trend

Dow Theory Structure

Confirmation $188.21, invalidation $267.94

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

41.7 / 13.8 / 33.3Bearish
Supertrend (10,3)

Price is above Supertrend

$150.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$249.98 / $259.03Bearish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Volatility

ATR (14)

High volatility

$25.09 (11.38%)Bearish
Bollinger Bands (20,2)

Width 58.25%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$302.9 / $201.2Bearish
ATR channel lower / upper

Current Volatility Envelope

$195.44 / $245.62Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$329.84Range
Support

Nearest Downside Decision Level

$188.21Range

Momentum

RSI (14)

Momentum is weak

38.9Bearish
MACD (12,26,9)

Histogram is negative

-10.362Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.8 / 21.1Bullish
Williams %R (14)

Neutral zone

-77.2Range
CCI (20)

Balanced zone

-95.4Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

26.0Bearish
OBV slope

20-period OBV slope

-54.94%Bearish
Volume ratio

Relative to 20-period average volume

0.95xRange

Trend

Dow Theory Structure

Confirmation $188.21, invalidation $267.94

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

41.7 / 13.8 / 33.3Bearish
Supertrend (10,3)

Price is above Supertrend

$150.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$249.98 / $259.03Bearish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Momentum

RSI (14)

Momentum is weak

38.9Bearish
MACD (12,26,9)

Histogram is negative

-10.362Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.8 / 21.1Bullish
Williams %R (14)

Neutral zone

-77.2Range
CCI (20)

Balanced zone

-95.4Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$25.09 (11.38%)Bearish
Bollinger Bands (20,2)

Width 58.25%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$302.9 / $201.2Bearish
ATR channel lower / upper

Current Volatility Envelope

$195.44 / $245.62Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

26.0Bearish
OBV slope

20-period OBV slope

-54.94%Bearish
Volume ratio

Relative to 20-period average volume

0.95xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$329.84Range
Support

Nearest Downside Decision Level

$188.21Range

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