Automatic Data Processing, Inc. offers cloud-based human capital management (HCM) solutions globally. It has two main segments: Employer Services and Professional Employer Organization (PEO). The Employer Services segment provides strategic cloud platforms and HR outsourcing, including RUN Powered by ADP for small business payroll, ADP Workforce Now for mid-sized and large businesses, and ADP Vantage HCM for comprehensive HR management. The PEO Services segment delivers HR and employment outsourcing under the ADP TotalSource brand, focusing on co-employment, employee benefits, compliance, talent engagement, and recruitment outsourcing. Founded in 1949, the company is based in Roseland, New Jersey.
ADP —  NASDAQ —
Current RSI of this stock is 77.89, which indicates the strength of buyers.
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
Based on our swing trading advisory service, Automatic Data Processing stock price target will be USD 285 - USD 288 in the next 14-15 trading sessions.
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