| ADP latest price $147.7100 (2.16%) ($146.6700 - $149.3700) on Thu. May. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.67% (three month average) |
RSI | 57 |
Latest Price | $147.7100(2.16%) |
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 2.4% a week on average for past two weeks. |
Market Behavior | Growth 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(62%) SPY(60%) IVE(59%) IWD(59%) SPLV(59%) |
Factors Impacting ADP price | ADP will decline at least -2.335% in a week (0% probabilities). VIXM(-43%) UUP(-23%) VXX(-14%) TLT(-4%) 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 | -2.335% (StdDev 4.67%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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