| ADP latest price $144.5375 (1.16%) ($143.3736 - $144.7365) on Tue. Feb. 5, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.77% (three month average) |
RSI | 79 |
Latest Price | $144.5375(1.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 1.6% a day on average for past five trading days. |
Weekly Trend | ADP advances 3.4% 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) DIA(75%) SPY(74%) IVE(73%) IWD(73%) SPLV(73%) |
Factors Impacting ADP price | ADP will decline at least -0.885% in a week (0% probabilities). UUP(-22%) VXX(-17%) TLT(-17%) VIXM(-14%) XHB(-12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.885% (StdDev 1.77%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
| |
|
|