Automatic Data Processing Inc. (ADP) Shares Cross Below 200DMA

Date:2011-09-23zhangxu  Text Size:

In trading on Wednesday, shares of Automatic Data Processing Inc. (NASDAQ:ADP) crossed below their 200 day moving average of $50.49, changing hands as low as $49.12 per share. Automatic Data Processing Inc. shares are currently trading off about 3.1% on the day. The chart below shows the one year performance of ADP shares, versus its 200 day moving average:

Automatic Data Processing Inc. 200 Day Moving Average Chart

Looking at the chart above, ADP's low point in its 52 week range is $41.36 per share, with $55.12 as the 52 week high point — that compares with a last trade of $49.12.

According to the ETF Finder at ETF Channel, ADP makes up 3.40% of the SPDR Morgan Stanley Technology ETF (AMEX:MTK) which is trading lower by about 0.6% on the day Wednesday.

     See what other ETFs contain ADP »
     See what other stocks are held by MTK »

ADP operates in the Information Technology Services sector, among companies like Yucheng Technologies Ltd (NASDAQ:YTEC) which is off about 1.3% today, and Tier Technologies, Inc. (NASDAQ:TIER) trading higher by about 1.4%. Below is a three month price history chart comparing the stock performance of ADP, versus YTEC and TIER.
 

ADP,YTEC,TIER Relative Performance Chart

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