Automatic Data's most recent trend suggests a bearish bias. One trading opportunity on Automatic Data is a Bear Call Spread using a strike $115.00 short call and a strike $125.00 long call offers a potential 7.53% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $115.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $9.30 would be incurred if the stock rose above the $125.00 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 25.15 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
Q3 13F Roundup: How Buffett, Einhorn, Paulson, And Others Adjusted Their Portfolio
Wed, 15 Nov 2017 17:14:58 +0000
The latest round of 13-F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From …
See what the IHS Markit Score report has to say about Automatic Data Processing Inc.
Wed, 15 Nov 2017 13:01:05 +0000
Automatic Data Processing Inc NASDAQ/NGS:ADP
Bill Ackman's Pershing Square builds up major stake in ADP
Tue, 14 Nov 2017 22:55:19 +0000
Bill Ackman's Pershing Square Capital Management built up its position in Automatic Data Processing Inc. to 8.8 million shares at the end of September from 179,394 three months earlier as part of Ackman's …
ADP: Is Ackman's Loss a Win?
Tue, 14 Nov 2017 18:35:00 +0000
Pershing Square's Bill Ackman lost his proxy battle with Automatic Data Processing (ADP) but some good still may have come from the fight. The analysts had suspended their Underperform rating when Morgan Stanley (MS) was hired by ADP to help fend off Pershing, so this is something of an upgrade.
A Look At ADP After The Proxy Battle
Tue, 14 Nov 2017 17:56:55 +0000
Bill Ackman's proxy battle against Automatic Data Processing (NASDAQ: ADP ) didn't end well for the activist investor. In fact, in the company's CEO Carlos Rodriguez's own words , shareholders delivered …
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