| ADP latest price $148.8400 (-1.87%) ($148.6300 - $155.0000) on Fri. Jun. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.48% (three month average) |
RSI | 56 |
Latest Price | $148.8400(-1.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.3% a day on average for past five trading days. |
Weekly Trend | ADP declines -0.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) DIA(61%) SPY(59%) IWD(58%) SPLV(58%) IVE(57%) |
Factors Impacting ADP price | ADP will decline at least -1.74% in a week (0% probabilities). VIXM(-41%) UUP(-23%) VXX(-13%) IGOV(-4%) TLT(-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 | -1.74% (StdDev 3.48%) |
Hourly BBV | -1.4 () |
Intraday Trend | 0% |
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