Automatic Data's most recent trend suggests a bullish bias. One trading opportunity on Automatic Data is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 5.26% 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 $77.50 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $72.50 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 47.8 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Automatic Data
Why did Ackman unload Canadian Pacific Railway stake in October?
Mon, 23 Dec 2013 17:00:07 GMT
Market Realist – As of September 30, Canadian Pacific Railway accounted for 27.7% of Pershing's U.S long portfolio, down 4% from June 30.
Michigan Schools and Government Credit Union Selects ADP to Enhance Employee Wellness Efforts
Mon, 23 Dec 2013 14:10:41 GMT
noodls – ROSELAND, N.J. – December 23, 2013 – ADP®, a leading global provider of Human Capital Management (HCM) solutions, today announced that Michigan Schools and Government Credit Union (MSGCU), a credit union …
Michigan Schools and Government Credit Union Selects ADP to Enhance Employee Wellness Efforts
Mon, 23 Dec 2013 14:00:00 GMT
PR Newswire – ROSELAND, N.J., Dec. 23, 2013 /PRNewswire/ — ADP ® , a leading global provider of Human Capital Management (HCM) solutions, today announced that Michigan Schools and Government Credit Union (MSGCU), …
Why did Ackman trim Pershing Square’s Procter & Gamble stake?
Mon, 23 Dec 2013 13:00:04 GMT
Market Realist – Pershing Square Capital reduced its position in Procter & Gamble Co. to 20.0% in 3Q 2013. Ackman had purchased shares in the company in 2Q 2012.
Why did Ackman reduce his stake in General Growth Properties?
Fri, 20 Dec 2013 21:00:05 GMT
Market Realist – In 3Q 2013, Pershing Square Capital reduced its General Growth Properties (GGP) position to 6.70% of the U.S. long portfolio.
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