ADP Automatic Data Processing, Inc.

Stock NASDAQ Technology

US$272.94 -1.32% Latest close

Automatic Data Processing, Inc. (ADP) trend channel, buy level and 3-month target on Trade The Path. Sector: Technology. Listed on NASDAQ. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. If this ticker has no settled sample yet, treat the numbers as a geometric read, not a track record. Information only, not financial advice.

Mid-channel, falling on both timeframes

Price is between the two trend lines. Nothing to act on yet.

Read from the last 12 months of history we hold: falling, drifting βˆ’10% a year. The target of US$287.82 sits above the nearest ceiling (US$284.86), so reaching it means breaking a line this stock has repeatedly turned at. What would overturn this: a close below US$238.93 β€” the floor of the channel being read β€” after which the trend, not the entry, is what was wrong.

12 months read from
US$239.08 – US$284.91 Falling channel, βˆ’10% a year
Position in that channel
74% 0% at the floor, 100% at the ceiling

What broke this trend

The fall
-41% from US$316.656 June 2025 β†’ 10 Apr 2026
Whose problem it was
This company3 of 20 Software - Application peers fell with it
Does it resolve?
Temporary falls like it have resolved on the record
Regained so far
69%of what it lost
What the record says
62% of 19 comparable falls came back, typically in 121 days measured on its own peer group

The trend broke in June 2025: price fell 41% from 316.65 to 187.32 by April 2026, and has regained 69% of that fall since. Its peers did not fall with it, so this was about the company rather than its sector. The wire that week: β€œ$1000 Invested In Automatic Data Processing 5 Years Ago Would Be Worth This Much Today”. Falls like it have resolved: falls of about 41% here have come back to the old high 62% of the time (19 comparable falls), typically in 121 days. On that record the fall is treated as temporary, and the trend lines are fitted to the regime it created rather than through it. Priced from that: 319.72 within 77 days, reached 62% of the time in 19 comparable falls β€” about 0.20% a day held.

Reported at the time: $1000 Invested In Automatic Data Processing 5 Years Ago Would Be Worth This Much Today β€” 3 June 2025

Price history, with the path projected 3 months forward

US$150.0US$200.0US$250.0US$300.0Oct 23Mar 24Aug 24Jan 25June 25Nov 25Apr 26Sept 26 today BuyTarget Our buy US$261.7 Β· est. 20 Sept 26Our target US$287.8 Β· est. 24 Nov 26
  • Daily close
  • Upper trend line (12 months)
  • Lower trend line (12 months)
  • Dashed after today: projected 3 months
  • Our buy
  • Our target

Suggested path

Buy at or below

US$261.66

level as at 20 Sept 2026

Our target

US$287.82

by 24 Nov 2026

Projected move

10.0%

gross, before costs

Price sits between our buy level and our target.

The lines are drawn where this stock has actually turned: 3 touches on the ceiling, 2 on the floor, each fitted to the slope that catches the most of them. Buying one average daily range below its 50-day mean, on heavier volume than usual and while it is still above its 200-day mean, has come up 791 times; measured against the 6% floor β€” the least a call has to be worth to be worth making, not what it aims at β€” 73% cleared it, typically in 34 days, with price going about 5% against the entry along the way (63% in the worst case we have on record). Trades that have not reached the target within 3 months are counted as misses, whatever they are worth at the time. The prices above are this stock’s own β€” its average, its volatility β€” but the setup is the same one we apply everywhere: derived on eight unrelated tickers, then confirmed on 87 others it was never fitted to. We deliberately do not tune it to each stock: doing so scores worse on history the tuning never saw β€” 58% against 71% β€” because it fits the past rather than the future. On this stock the setup has come up 9 times so far, reaching target 67% of the time β€” too few to mean much on its own. The sell price comes from where this stock is projected to be, not from a minimum worth taking: the fitted path reaches 10% above the entry within 90 days, and of the sizes that path supports, 10% is the one that has returned the most per day of money tied up here β€” measured over the 13 times this entry has come up on this chart, reached 46% of the time, typically in 33 days. Smaller sizes got there sooner but paid less for the weeks they used; larger ones need a break above the projected ceiling, which is not the base case. The date published is whichever is later: that typical time, or the day the projected path itself reaches the price. It is a prediction, so it can be revised: if the run tops out before it gets there, the target is cut to what is actually on the table and you are told the same day. An ordinary pullback is not treated as topping out β€” those go on to make a new high about 8 times in 10, so they are ridden through. What triggers the revision is price closing below its 50-day trend and staying there, after which the odds of recovery fall to roughly 3 in 10.

Upper line touches
3
Lower line touches
2
Fit confidence
65%
Fitted
16 Sept 2026

About Automatic Data Processing, Inc.

Automatic Data Processing, Inc. (ADP) is a global provider of cloud-based solutions designed for human capital management (HCM). The company organizes its operations into two primary segments: Employer Services and Professional Employer Organization (PEO). Through its Employer Services division, ADP delivers strategic, cloud-powered platforms and comprehensive human resources (HR) outsourcing. This encompasses a wide array of services such as payroll processing, benefits administration, talent acquisition and management, general HR and workforce management, insurance, retirement planning, and regulatory compliance, often integrated into holistic HCM solutions. Conversely, the Professional Employer Organization (PEO) segment specializes in offering HR outsourcing to small and mid-sized businesses, leveraging a co-employment framework. This segment's offerings span robust benefits packages, regulatory protection and compliance, talent engagement strategies, specialized HR expertise, all-encompassing outsourcing, and even recruitment process outsourcing. Established in 1949, ADP maintains its corporate headquarters in Roseland, New Jersey.

Sector
Technology
Industry
Software - Application
CEO
Maria Black
Employees
67,000
Country
US

https://www.adp.com

Scorecard

Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings β€” that data is licensed and we do not redistribute it.

Valuation
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Profitability
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Financial health
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Cash generation
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Key statistics

Market cap
US$110.94B
Enterprise value
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Beta
0.82
Avg volume
2.64M
Revenue per share
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Dividend yield
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52-week range
188.16-302.68
Exchange
NASDAQ

Key ratios

P/E (TTM)
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PEG
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Price / sales
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Price / book
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EV / EBITDA
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Gross margin
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Operating margin
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Net margin
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Current ratio
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Quick ratio
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Debt / equity
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Interest cover
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Income statement

Balance sheet

Cash flow

Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.