Automatic Data's most recent trend suggests a bearish bias. One trading opportunity on Automatic Data is a Bear Call Spread using a strike $97.50 short call and a strike $105.00 long call offers a potential 5.63% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $97.50 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $7.10 would be incurred if the stock rose above the $105.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Automatic Data is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Automatic Data is bearish.
The RSI indicator is at 26.97 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
ADP Research Shows Divide Between Employers and Employees – The New “Me” vs. “We” Mindset
Fri, 12 May 2017 12:30:00 +0000
As the U.S. job market tightens and wages grow, there is a widening disconnect between how employees and employers think about work. The ADP Research Institute® (ADPRI) commissioned a new survey to understand what workers consider when deciding whether to stay at their current job or look for a new position. The ADP® findings, as published in “Evolution of Work 2.0: The Me vs. We Mindset” and “Fixing the Talent Management Disconnect: Employer Perception vs. Employee Reality in the U.S. Midsized Market,” show that employees tend to concentrate on their work environment, look for meaning in their job, and want immediate advancement opportunities (the “me” mindset). Whereas, employers tend focus on bigger picture areas like financial performance, reputation, and long-term career pathing (the “we” mindset). As the U.S. labor market improves, the “me” vs. “we” disconnect becomes most apparent in the area of employee retention.
Media Alert: ADP to Host Webcast to Help Multinational Companies Prepare for Sweeping New Data Privacy Regulations in European Union
Thu, 11 May 2017 13:00:00 +0000
Organizations that conduct business in Europe and handle EU residents' data are about to face the biggest change to data protection laws in 30 years. The European Union's General Data Protection Regulation …
Texas Added 22,400 Private Sector Jobs in April, According to ADP Regional Employment Report(R)
Wed, 10 May 2017 13:00:00 +0000
The State of Texas added 22,400 private sector jobs during the month of April, according to the ADP Regional Employment Report which is produced by ADP®, a leading global provider of Human Capital Management …
California Added 20,100 Private Sector Jobs in April, According to ADP Regional Employment Report(R)
Wed, 10 May 2017 13:00:00 +0000
The State of California added 20,100 private sector jobs during the month of April, according to the ADP Regional Employment Report which is produced by ADP®, a leading global provider of Human Capital …
New Jersey Added 5,300 Private Sector Jobs in April, According to ADP Regional Employment Report(R)
Wed, 10 May 2017 13:00:00 +0000
The State of New Jersey added 5,300 private sector jobs during the month of April, according to the ADP Regional Employment Report which is produced by ADP®, a leading global provider of Human Capital …
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