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 16.28% return on risk over the next 32 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 $0.70 would be kept by the premium seller. The risk of $4.30 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 47.46 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 Establishes Frank R. Lautenberg Memorial Scholarship in Memory of Founder
Tue, 18 Feb 2014 13:30:00 GMT
PR Newswire – ROSELAND, N.J., Feb. 18, 2014 /PRNewswire/ — ADP® announced it has created a scholarship endowment in the amount of $300,000 in memory of one of ADP's founders, the late Sen. Frank R. Lautenberg, through the Rutgers University Foundation. ADP will award the scholarships in $10,000 increments for 10 students, renewable for two academic years following the initial grant. “We are enormously grateful to the ADP Foundation for so generously honoring the legacy of the late Senator through the ADP-Frank R. Lautenberg Scholarships at Rutgers University,” said Nevin Kessler, President, Rutgers University Foundation. “Lautenberg's commitment to affordable education and to our great state of New Jersey was truly exceptional. Supporting the dreams and aspirations of promising young people in need has never been more important, and thanks to this exceptional gift, Rutgers University students are proud beneficiaries.”
ADP Research Institute® Releases Study on How Employees Use Mobile for Business
Tue, 18 Feb 2014 13:00:00 GMT
PR Newswire – ROSELAND, N.J., Feb. 18, 2014 /PRNewswire/ — ADP®, a leading global provider of Human Capital Management (HCM) solutions, today announced the findings of a new ADP Research Institute® study that examines the use of mobile applications for human resource functions across the United States. The study found that 37 percent of registered mobile users are leveraging mobile HR applications to access their pay information compared to 23 percent who are utilizing desktops and laptops. “There are numerous benefits for U.S. businesses adopting mobile technologies, including helping to increase productivity and aid real-time decision-making,” said Roberto Masiero, vice president and head of ADP's Innovation Lab. “The human resources function is a key asset in today's business mobility landscape because of its ability to connect and inform the workforce in an easily scalable way.” The impact of mobile technology on all organizations is already significant. More than half of adults in the United States own a smartphone and many are using them at home and at work. The ADP Research Institute study analyzed a subset of ADP's mobile data across approximately 5,000 organizations reflecting 65,000 individual active mobile users, and identified several key findings.
Long-term unemployed still face dim job prospects
Fri, 14 Feb 2014 15:31:00 GMT
CNNMoney.com – Friday morning could bring more good news about the economy when the Labor Department releases its latest monthly jobs report. Economists surveyed by CNNMoney predict the report will show 193,000 jobs …
AUTOMATIC DATA PROCESSING INC Financials
Thu, 13 Feb 2014 18:04:07 GMT
New Jersey Added 8,320 Private Sector Jobs in January, According to ADP Regional Employment Report(SM)
Wed, 12 Feb 2014 14:01:00 GMT
Marketwired – The State of New Jersey added 8,320 private sector jobs during the month of January, according to the ADP Regional Employment Report which is produced by ADP®, a leading global provider of Human Capital …
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