| ADP latest price $102.1430 (2.71%) ($99.2931 - $102.2201) on Wed. Jul. 26, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.27% (three month average) |
RSI | 57 |
Latest Price | $102.1430(2.71%) |
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 0.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based 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 -0.635% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.635% (StdDev 1.27%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
| |
|
|