| ADP latest price $83.8651 (1.63%) ($83.4130 - $84.2607) on Mon. Jun. 20, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.83% (three month average) |
RSI | 61 |
Latest Price | $83.8651(1.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.4% 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 | 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 -0.415% in a week (0% probabilities). VIXM(-22%) UUP(-16%) TLT(-16%) IPO(-6%) IGOV(-5%) |
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 | -0.415% (StdDev 0.83%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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