| ADP latest price $74.7280 (-0.33%) ($74.1951 - $75.2517) on Tue. Aug. 11, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.99% (three month average) |
RSI | 48 |
Latest Price | $74.7280(-0.33%) |
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 0.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) SPY(73%) IVE(71%) VYM(71%) VT(69%) XLK(67%) |
Factors Impacting ADP price | ADP will decline at least -0.495% in a week (0% probabilities). VIXM(-27%) TLT(-18%) UUP(-11%) 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 | -0.495% (StdDev 0.99%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
| |
|
|