Automatic Data (ADP) Offering Possible 12.99% Return Over the Next 31 Calendar Days

Automatic Data's most recent trend suggests a bullish bias. One trading opportunity on Automatic Data is a Bull Put Spread using a strike $115.00 short put and a strike $105.00 long put offers a potential 12.99% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $115.00 by expiration. The full premium credit of $1.15 would be kept by the premium seller. The risk of $8.85 would be incurred if the stock dropped below the $105.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Automatic Data is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Automatic Data is bullish.

The RSI indicator is above 80 which suggests that the stock is in overbought territory.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for Automatic Data

Avis aux médias : Le Rapport national sur l'emploi d'ADP(R) pour le Canada de novembre 2017 sera publié le jeudi 21 décembre 2017
Thu, 14 Dec 2017 13:30:00 +0000
TORONTO, ON– – QUOI : L'Institut de recherche ADP publiera le jeudi 21 décembre 2017 l'édition du mois de novembre 2017 du Rapport national sur l'emploi d'ADP pour le Canada. Diffusé gratuitement au grand …

3 Big Stock Charts for Wednesday: Adobe Systems Incorporated, Automatic Data Processing and Activision Blizzard, Inc.
Wed, 13 Dec 2017 15:14:57 +0000
The bifurcation between technology and larger industrial stocks continues this week as we’re seeing signs that the tech heavy Nasdaq and Nasdaq 100 indices are beginning to lag the broader indices again. As I mentioned last week, this is part of a seasonal trend that sees the Nasdaq 100 Index underperform the S&P 500 80% of the time over the last 20 years. Today’s three big stock charts looks at the numbers for companies like Adobe Systems Incorporated (NASDAQ:ADBE), Automatic Data Processing (NASDAQ:ADP) and Activision Blizzard, Inc. (NASDAQ:ATVI) who are bucking the seasonal trends as these stocks are beginning to break into bullish trading trends.

Florida Lost 7,400 Private Sector Jobs in November, According to ADP Regional Employment Report(R)
Wed, 13 Dec 2017 14:00:00 +0000
The State of Florida lost 7,400 private sector jobs during the month of November, according to the ADP Regional Employment Report which is produced by ADP®, a leading global provider of Human Capital Management …

New Jersey Added 2,600 Private Sector Jobs in November, According to ADP Regional Employment Report(R)
Wed, 13 Dec 2017 14:00:00 +0000
The State of New Jersey added 2,600 private sector jobs during the month of November, according to the ADP Regional Employment Report which is produced by ADP®, a leading global provider of Human Capital …

Texas Added 17,600 Private Sector Jobs in November, According to ADP Regional Employment Report(R)
Wed, 13 Dec 2017 14:00:00 +0000
The State of Texas added 17,600 private sector jobs during the month of November, according to the ADP Regional Employment Report which is produced by ADP®, a leading global provider of Human Capital Management …

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