| ADP latest price $139.8300 (-0.89%) ($138.0000 - $141.6500) on Mon. Apr. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.55% (three month average) |
RSI | 53 |
Latest Price | $139.8300(-0.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.1% a day on average for past five trading days. |
Weekly Trend | ADP advances 2.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) DIA(63%) IWD(61%) SPLV(61%) SPY(61%) IVE(60%) |
Factors Impacting ADP price | ADP will decline at least -2.275% in a week (0% probabilities). VIXM(-44%) UUP(-23%) VXX(-14%) 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 | -2.275% (StdDev 4.55%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
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