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 6.38% return on risk over the next 25 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 $0.30 would be kept by the premium seller. The risk of $4.70 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 61.76 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? (revised)
Tue, 28 Oct 2014 18:03:58 GMT
5 ‘dividend aristocrat’ stocks set to boost earnings up to 77%
Tue, 28 Oct 2014 16:04:30 GMT
Hazelden Betty Ford Foundation Finds Supportive Partner in ADP for Human Capital Management Upgrade to Benefit 1,500 Employees
Tue, 28 Oct 2014 13:00:00 GMT
PR Newswire – ROSELAND, N.J., Oct. 28, 2014 /PRNewswire/ — ADP®, a leading global provider of Human Capital Management (HCM) solutions, today announced that the Hazelden Betty Ford Foundation — an organization that has grown from a Minnesota farmhouse in 1949 to one of the world's largest addiction treatment providers — has successfully implemented an integrated HCM solution based on ADP Vantage HCM®. The Hazelden Betty Ford Foundation — a private, non-profit organization — signed on for payroll, benefits, HR, talent, and time and labor management as part of its flexible deployment of ADP Vantage HCM. The organization currently operates offices in 15 U.S. Michelle Lutz, manager of HRMS and Recruitment, said her organization was drawn to ADP due to its focus on service expertise and technology deployment. “We're pleased that an organization as impactful as the Hazelden Betty Ford Foundation is trusting us with this most critical role – a role that helps their people help other people in need,” said Mark Benjamin, President of Global Enterprise Solutions at ADP. “I'm delighted that, once again, a client of this stature has chosen our service expertise and proven technology in human capital management to help drive their success.”
Zacks Rank #5 Additions for Tuesday
Tue, 28 Oct 2014 12:29:53 GMT
Will Automatic Data Processing (ADP) Miss Earnings in Q4?
Mon, 27 Oct 2014 22:30:02 GMT
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