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Automatic Data Processng Sees RS Rating Rise To 71

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Automatic Data Processng ( ADP ) saw a positive improvement to its Relative Strength ( RS ) Rating on Thursday, rising from 68 to 71.

[ibd-display-video id=2102289 width=50 float=left autostart=true] IBD's proprietary RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks compares to the rest of the market.

History reveals that the market's biggest winners tend to have an RS Rating of over 80 in the early stages of their moves. See if Automatic Data Processng can continue to show renewed price strength and clear that threshold.

See How IBD Helps You Make More Money In Stocks

Automatic Data Processng is building a cup without handle with a 121.87 buy point . See if it can break out in heavy trading.

Automatic Data Processng showed 6% earnings growth in the latest quarterly report. Sales rose 6%.

The company earns the No. 16 rank among its peers in the Commercial Services-Outsourcing industry group. Cintas ( CTAS ), Insperity ( NSP ) and HealthEquity ( HQY ) are among the top 5 highly rated stocks within the group.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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