| ADP latest price $70.3955 (1.05%) ($69.5924 - $70.6007) on Mon. May. 12, 2014. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.87% (three month average) |
RSI | 67 |
Latest Price | $70.3955(1.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.3% a day on average for past five trading days. |
Weekly Trend | ADP advances 1.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) SPY(72%) VT(69%) XLK(66%) XLI(65%) QQQ(63%) |
Factors Impacting ADP price | ADP will decline at least -0.435% in a week (0% probabilities). TLT(-19%) VIXM(-12%) UUP(-9%) IGOV(-7%) GDXJ(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.435% (StdDev 0.87%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
| |
|
|