Automatic Data's most recent trend suggests a bullish bias. One trading opportunity on Automatic Data is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 9.89% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $70.00 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 at 63.4 level which suggests that the stock is neither overbought nor oversold at this time.
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
Will Automatic Data Processing (ADP) Miss Earnings in Q4?
Mon, 27 Oct 2014 22:30:02 GMT
Activist Hedge Fund Takes Stake in Former A.D.P. Unit
Mon, 27 Oct 2014 20:29:07 GMT
New York Times – It’s unusual for a company whose shares only began trading recently to attract the attention of an activist investor.
ADP AdvancedMD Launches New Patient Portal, Mobile ePrescribing and Business Intelligence Dashboard to Help Independent Medical Practices Enhance Performance and Productivity
Mon, 27 Oct 2014 12:00:00 GMT
Marketwired – – ADP® AdvancedMD®, a leader in all-in-one, cloud electronic health records , practice management, medical scheduling, medical billing services as well as a pioneer of big data reporting and business intelligence …
You Can Find Deep Value in the Market by Eliminating Emotion
Thu, 23 Oct 2014 15:34:00 GMT
Globoforce and ADP Announce New Strategic Alliance
Thu, 23 Oct 2014 12:54:57 GMT
noodls – Industry leaders team up to help companies better manage, engage, and measure the performance and cultural values of their workforce SOUTHBOROUGH, Mass., and ROSELAND, N.J., – October 23, 2014 – Globoforce® …
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