| ADP latest price $139.6600 (8.71%) ($134.3500 - $140.4500) on Mon. Apr. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.47% (three month average) |
RSI | 56 |
Latest Price | $139.6600(8.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.3% a day on average for past five trading days. |
Weekly Trend | ADP advances 6.3% 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(65%) IWD(63%) SPLV(63%) SPY(63%) IVE(62%) |
Factors Impacting ADP price | ADP will decline at least -2.235% in a week (0% probabilities). VIXM(-46%) UUP(-23%) VXX(-15%) TLT(-6%) IGOV(2%) |
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 | -2.235% (StdDev 4.47%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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