| ADP latest price $136.9400 (11.58%) ($122.6000 - $138.1400) on Thu. Mar. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.23% (three month average) |
RSI | 42 |
Latest Price | $136.9400(11.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 3.3% a day on average for past five trading days. |
Weekly Trend | ADP declines -9.7% 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(70%) IVE(68%) IWD(68%) SPLV(68%) SPY(68%) |
Factors Impacting ADP price | ADP will decline at least -2.115% in a week (0% probabilities). VIXM(-47%) UUP(-25%) VXX(-15%) TLT(-9%) IGOV(4%) |
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 | -2.115% (StdDev 4.23%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0% |
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