Automatic Data's most recent trend suggests a bullish bias. One trading opportunity on Automatic Data is a Bull Put Spread using a strike $85.00 short put and a strike $80.00 long put offers a potential 12.36% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $85.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock dropped below the $80.00 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
Qvidian Releases Latest Innovations in Proposal Automation & Personalized Sales Content
Mon, 10 Nov 2014 15:12:00 GMT
Domino's Selects ADP® as its Preferred Vendor for HR, Payroll and Tax Solutions
Mon, 10 Nov 2014 14:00:00 GMT
PR Newswire – ROSELAND, N.J., Nov. 10, 2014 /PRNewswire/ — ADP ® today announced that Domino's Pizza LLC has selected ADP as a preferred vendor of human resource, payroll, and tax management solutions. The pizza delivery …
Daily Market Recap…
Thu, 06 Nov 2014 21:55:52 GMT
Newscast: Another day, another couple of records
Thu, 06 Nov 2014 19:29:51 GMT
AUTOMATIC DATA PROCESSING INC Financials
Thu, 06 Nov 2014 18:04:25 GMT
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