| ADP latest price $84.3551 (0.45%) ($83.6998 - $84.4019) on Tue. Apr. 12, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.17% (three month average) |
RSI | 61 |
Latest Price | $84.3551(0.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.1% a day on average for past five trading days. |
Weekly Trend | ADP advances 0.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) SPY(72%) SPLV(71%) IVE(70%) IWD(70%) VYM(70%) |
Factors Impacting ADP price | ADP will decline at least -0.585% in a week (0% probabilities). VIXM(-23%) UUP(-16%) TLT(-16%) IPO(-5%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.585% (StdDev 1.17%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
| |
|
|