| ADP latest price $160.8100 (-2.15%) ($160.8100 - $160.8100) on Thu. Mar. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.83% (three month average) |
RSI | 34 |
Latest Price | $160.8100(-2.15%) |
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 -6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -0.915% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.915% (StdDev 1.83%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0% |
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