NASDAQ:ADP   Automatic Data Processing, Inc.
Although ADP has an average growth of sales every year of around 5.52% but it still would appear as if the stock is being overbought. The P/E ratio is given a relative sector grade of D- for having a difference to other companies in the sector by over a 70% margin. RSI index indicates that the stock is nearing the overbought level bouncing around levels above 60. With the stock also resting comfortably almost $10 above resistance levels, respectively. There have been larger amounts of volume trading the stock throughout the past couple months which has resulted in a rise in price although, USB has a price target of $250 for the stock hopefully resulting in positive investor sentiment.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.