| ADP latest price $129.4660 (-0.75%) ($127.9439 - $130.1027) on Wed. Jan. 2, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.95% (three month average) |
RSI | 33 |
Latest Price | $129.4660(-0.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 1.3% a day on average for past five trading days. |
Weekly Trend | ADP declines -2.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) IWD(74%) SPLV(74%) SPY(74%) IVE(73%) VYM(73%) |
Factors Impacting ADP price | ADP will decline at least -0.975% in a week (0% probabilities). UUP(-21%) DIA(-18%) VXX(-17%) TLT(-17%) VIXM(-14%) |
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 | -0.975% (StdDev 1.95%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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