US stock / ETF

Automatic Data Processing, Inc.

ADP · NASDAQ · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

ADP 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $261.94 and stabilize above resistance $273.

Invalidation Trigger

Break above $273 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 38.2, MACD -0.027

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.63 (1.02%)

4h

EMA Structure

Bearish
EMA 8$260.08Bearish
EMA 21$261.94Bearish
EMA 50$265.68Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.2 · MACD -0.027

Momentum is weak

Strength
Bearish
Volatility
ATR $2.63 · BB 3.48%

Low volatility

Strength
Bullish
Volume
MFI 31.9 · OBV -5.34%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$257.4 - $273

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+6.96% · 6.8 ATR above latest close

$275.63
Nearest resistance

+5.95% · 5.8 ATR above · 34-bar high

$273
Current price

Price shown is delayed

$257.68
Nearest support

-0.11% · 0.1 ATR below · 34-bar low

$257.4
Deeper support zone

-1.13% · 1.1 ATR below latest close

$254.77
ATR zone

Latest close ± ATR14

$255.05 - $260.31

Indicators

Trend

Dow Theory Structure

Confirmation $258.06, invalidation $264.92

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

Trend strength is active

22.7 / 31.1 / 32.2Bearish
Supertrend (10,3)

Price is above Supertrend

$248.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

$262.86 / $267.91Bearish
Donchian Channel (20)

20-period breakout channel position

3%Bearish

Volatility

ATR (14)

Low volatility

$2.63 (1.02%)Bullish
Bollinger Bands (20,2)

Width 3.48%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$267.93 / $255.67Bullish
ATR channel lower / upper

Current Volatility Envelope

$255.05 / $260.31Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$273Range
Support

Nearest Downside Decision Level

$257.4Range

Momentum

RSI (14)

Momentum is weak

38.2Bearish
MACD (12,26,9)

Histogram is negative

-0.027Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.1 / 5.2Bearish
Williams %R (14)

Oversold zone

-96.9Bullish
CCI (20)

Weak expansion

-152.8Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

31.9Bearish
OBV slope

20-period OBV slope

-5.34%Bearish
Volume ratio

Relative to 20-period average volume

2.62xBullish

Trend

Dow Theory Structure

Confirmation $258.06, invalidation $264.92

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

Trend strength is active

22.7 / 31.1 / 32.2Bearish
Supertrend (10,3)

Price is above Supertrend

$248.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

$262.86 / $267.91Bearish
Donchian Channel (20)

20-period breakout channel position

3%Bearish

Momentum

RSI (14)

Momentum is weak

38.2Bearish
MACD (12,26,9)

Histogram is negative

-0.027Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.1 / 5.2Bearish
Williams %R (14)

Oversold zone

-96.9Bullish
CCI (20)

Weak expansion

-152.8Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$2.63 (1.02%)Bullish
Bollinger Bands (20,2)

Width 3.48%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$267.93 / $255.67Bullish
ATR channel lower / upper

Current Volatility Envelope

$255.05 / $260.31Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

31.9Bearish
OBV slope

20-period OBV slope

-5.34%Bearish
Volume ratio

Relative to 20-period average volume

2.62xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$273Range
Support

Nearest Downside Decision Level

$257.4Range

Related Forecasts