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Takip Edin: @UscMarketsADP Stock Forecast & Automatic Data Processing Chart Analysis
This article provides a detailed analysis of ADP-Automatic Data Processing stock including a forecast for ADP shares. It features Automatic Data Processing, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
ADP Historical Data Review
ADP Current Price Performance Analysis
The Automatic Data Processing - ADP stock traded on the American stock market, on 06-05-2024, closed at 245.78$ with a %0.04 increased compared to the previous day.
In the last month, the price of ADP changed by %1.25 increased in value, from 242.74 dollars on 05-06-2024 to 245.78 dollars, increased.
Last year, the price of ADP was 216.74 dollars on 06-06-2023, and changed by %13.40 increased in value, to 245.78 dollars increased within a year.
The price of Automatic Data Processing stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
ADP with AI Stock Forecast & Price Target
On the ADP chart Automatic Data Processing price was recorded as 245.78 Dollars on 06/05/2024.
The artificial intelligence's forecast on ADP stock is as follows.
The artificial intelligence's prediction error margin for ADP stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Automatic Data Processing stock over the next 4 months is: 230.8 Dollars.
The commentary on ADP stock Target Price: Highest: 248.3 Dollars is predicted.
The commentary on ADP stock Target Price: Lowest: 215.115 Dollars is predicted.
Resistance Price where Automatic Data Processing stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 11-22-2024 | 230.197 |
| 03-07-2025 | 248.146 |
Support Price where Automatic Data Processing stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-19-2024 | 215.115 |
| 12-17-2024 | 225.323 |
The commentary on ADP stock: Fluctuations in the target price can be expected in the coming days.
The target price for Automatic Data Processing stock by the end of 2024 is predicted to be 226.479 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on ADP stock, and the 2024 target price predictions for Automatic Data Processing are detailed above.
The technical analysis and charts for the commentary on ADP stock are below.
ADP Support & Resistance and Trend Analysis
ADP stock you have reviewed the technical analysis support resistance charts regarding.
ADP : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the ADP review, the Automatic Data Processing support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Automatic Data Processing Support and Resistance Prices:
| ADP Support Level Price | ADP Resistance Level Price |
|---|---|
| 227.12 | 233.75 |
| 227.48 | 240.22 |
| 232.35 | 241.59 |
| 238.83 | 250.30 |
| 239.32 | 250.61 |
| 239.72 | 251.23 |
| 241.67 | 253.72 |
| 254.64 | |
| 256.57 |
ADP Technical Analysis: SMA, RSI, MACD
Upon reviewing the ADP chart, buy and sell signals have been generated in the Automatic Data Processing technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for ADP stock are as follows:- The technical analysis for ADP indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for Automatic Data Processing indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Automatic Data Processing stock: Click here to read more predictions on Regeneron Pharmaceuticals stock.
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