| ADP latest price $70.8506 (-0.75%) ($70.8238 - $71.7161) on Tue. Jun. 10, 2014. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.84% (three month average) |
RSI | 67 |
Latest Price | $70.8506(-0.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.2% a day on average for past five trading days. |
Weekly Trend | ADP advances 0.6% 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 -0.42% in a week (0% probabilities). VIXM(-29%) TLT(-19%) UUP(-9%) IGOV(-7%) GDXJ(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.42% (StdDev 0.84%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
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