| ADP latest price $143.2423 (-0.59%) ($142.6910 - $144.5222) on Thu. Aug. 30, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.97% (three month average) |
RSI | 87 |
Latest Price | $143.2423(-0.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.3% 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 | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) IWD(74%) SPY(74%) IVE(73%) SPLV(73%) VYM(73%) |
Factors Impacting ADP price | ADP will decline at least -0.485% in a week (0% probabilities). UUP(-20%) VXX(-18%) VIXM(-18%) TLT(-17%) DIA(-13%) |
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 | -0.485% (StdDev 0.97%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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