| ADP latest price $161.4500 (1.29%) ($158.7300 - $162.4500) on Thu. May. 16, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.97% (three month average) |
RSI | 44 |
Latest Price | $161.4500(1.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.1% a day on average for past five trading days. |
Weekly Trend | ADP declines -0.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) DIA(75%) SPLV(74%) SPY(74%) IVE(73%) IWD(73%) |
Factors Impacting ADP price | ADP will decline at least -0.485% in a week (0% probabilities). VXX(-22%) TLT(-17%) VIXM(-13%) IFRA(-13%) UUP(-8%) |
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 | 1.4% |
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