| ADP latest price $162.6900 (2.01%) ($160.1000 - $162.7800) on Wed. Jun. 5, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.09% (three month average) |
RSI | 58 |
Latest Price | $162.6900(2.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.4% 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. Normal 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 -0.545% in a week (0% probabilities). VXX(-22%) TLT(-17%) IFRA(-13%) UUP(-9%) IGOV(-6%) |
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 | -0.545% (StdDev 1.09%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
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