| ADP latest price $178.0000 (-0.75%) ($178.0000 - $178.0000) on Tue. Feb. 11, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.01% (three month average) |
RSI | 49 |
Latest Price | $178.0000(-0.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.2% a day on average for past five trading days. |
Weekly Trend | ADP advances 0.6% a week on average for past two weeks. |
Market Behavior | Value stock 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(76%) IVE(74%) IWD(74%) SPLV(74%) SPY(74%) |
Factors Impacting ADP price | ADP will decline at least -0.505% in a week (0% probabilities). VIXM(-54%) VXX(-21%) TLT(-16%) UUP(-10%) SHY(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.505% (StdDev 1.01%) |
Hourly BBV | -2.9 () |
Intraday Trend | 0% |
| |
|
|