| ADP latest price $100.3022 (1.61%) ($98.1915 - $100.3504) on Wed. Jul. 5, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.17% (three month average) |
RSI | 61 |
Latest Price | $100.3022(1.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.5% a day on average for past five trading days. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off 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 -0.585% in a week (0% probabilities). VIXM(-21%) UUP(-17%) TLT(-17%) 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 | -0.585% (StdDev 1.17%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
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