| ADP latest price $96.9484 (1.18%) ($95.8655 - $97.2072) on Thu. May. 25, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.09% (three month average) |
RSI | 56 |
Latest Price | $96.9484(1.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.6% a day on average for past five trading days. |
Weekly Trend | ADP advances 1.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) SPY(73%) IWD(72%) SPLV(72%) IVE(71%) VYM(71%) |
Factors Impacting ADP price | ADP will decline at least -0.545% in a week (0% probabilities). VIXM(-21%) TLT(-17%) UUP(-16%) DIA(-7%) IGOV(-6%) |
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 | -0.545% (StdDev 1.09%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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