US stock / ETF

Automatic Data Processing, Inc.

ADP · NASDAQ · USD

4 hoursBearish70%
4h Downside probability 70%Bearish

ADP 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $271.3 and stabilize above resistance $288.

Invalidation Trigger

Break above $288 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateRange
Momentum mixed

RSI 34.7, MACD 0.105

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.93 (0.72%)

4h

EMA Structure

Bearish
EMA 8$267.8Bullish
EMA 21$271.3Bearish
EMA 50$274.92Bearish

Signals

CategoryReadStrength
Momentum
RSI 34.7 · MACD 0.105

Momentum is weak

Strength
Range
Volatility
ATR $1.93 · BB 9.52%

Low volatility

Strength
Bullish
Volume
MFI 49.1 · OBV 0.65%

Relative to 20-period average volume

Strength
Range
Price Levels
$264.93 - $288

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+8.08% · 11.2 ATR above latest close

$289.93
Nearest resistance

+7.36% · 10.2 ATR above · 34-bar high

$288
Current price

Price shown is delayed

$268.26
Nearest support

-1.24% · 1.7 ATR below · 34-bar low

$264.93
Deeper support zone

-1.96% · 2.7 ATR below latest close

$263
ATR zone

Latest close ± ATR14

$266.33 - $270.19

Indicators

Trend

Dow Theory Structure

Confirmation $268.49, invalidation $265.7

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

53.6 / 19.6 / 47.6Bearish
Supertrend (10,3)

Price is above Supertrend

$263.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$271.5 / $276.47Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Volatility

ATR (14)

Low volatility

$1.93 (0.72%)Bullish
Bollinger Bands (20,2)

Width 9.52%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$274.04 / $268.04Bullish
ATR channel lower / upper

Current Volatility Envelope

$266.33 / $270.19Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288Range
Support

Nearest Downside Decision Level

$264.93Range

Momentum

RSI (14)

Momentum is weak

34.7Bearish
MACD (12,26,9)

Histogram is positive

0.105Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.6 / 23.0Bullish
Williams %R (14)

Neutral zone

-69.4Range
CCI (20)

Balanced zone

-40.4Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.1Range
OBV slope

20-period OBV slope

0.65%Bullish
Volume ratio

Relative to 20-period average volume

1.50xBullish

Trend

Dow Theory Structure

Confirmation $268.49, invalidation $265.7

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

53.6 / 19.6 / 47.6Bearish
Supertrend (10,3)

Price is above Supertrend

$263.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$271.5 / $276.47Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Momentum

RSI (14)

Momentum is weak

34.7Bearish
MACD (12,26,9)

Histogram is positive

0.105Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.6 / 23.0Bullish
Williams %R (14)

Neutral zone

-69.4Range
CCI (20)

Balanced zone

-40.4Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

Low volatility

$1.93 (0.72%)Bullish
Bollinger Bands (20,2)

Width 9.52%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$274.04 / $268.04Bullish
ATR channel lower / upper

Current Volatility Envelope

$266.33 / $270.19Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.1Range
OBV slope

20-period OBV slope

0.65%Bullish
Volume ratio

Relative to 20-period average volume

1.50xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288Range
Support

Nearest Downside Decision Level

$264.93Range

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