| ADP latest price $137.7600 (4.86%) ($131.7700 - $138.5350) on Mon. Mar. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.31% (three month average) |
RSI | 44 |
Latest Price | $137.7600(4.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 4.6% a day on average for past five trading days. |
Weekly Trend | ADP declines -3% 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(69%) SPY(67%) IVE(66%) IWD(66%) SPLV(66%) |
Factors Impacting ADP price | ADP will decline at least -2.155% in a week (0% probabilities). VIXM(-46%) UUP(-25%) VXX(-15%) TLT(-8%) 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 | -2.155% (StdDev 4.31%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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