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Automatic Data Processing Bullish Moving Average Crossover Alert (ADP)

By David Diaz

Automatic Data Processing (NASDAQ:ADP) shares have crossed bullishly above their 10-day moving average of $97.54 on a volume of 280K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Automatic Data Processing share prices have moved between a 52-week high of $105.68 and a 52-week low of $64.29 and are now trading 52% above that low price at $98.00 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

SmarTrend is tracking the current trend status for Automatic Data Processing and will alert subscribers who have ADP in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Automatic Data processing

Ticker(s): ADP