| ADP latest price $122.7300 (1.47%) ($116.4900 - $130.0000) on Wed. Mar. 25, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.95% (three month average) |
RSI | 35 |
Latest Price | $122.7300(1.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.7% a day on average for past five trading days. |
Weekly Trend | ADP declines -13.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) DIA(73%) IWD(71%) SPLV(71%) SPY(71%) IVE(70%) |
Factors Impacting ADP price | ADP will decline at least -1.975% in a week (0% probabilities). VIXM(-51%) VXX(-18%) UUP(-17%) TLT(-13%) IGOV(3%) |
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 | -1.975% (StdDev 3.95%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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