| ADP latest price $150.8100 (0.33%) ($150.0600 - $152.6600) on Mon. Jul. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.49% (three month average) |
RSI | 56 |
Latest Price | $150.8100(0.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.8% a day on average for past five trading days. |
Weekly Trend | ADP declines -0.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) DIA(58%) SPY(57%) IWD(56%) SPLV(56%) IVE(55%) |
Factors Impacting ADP price | ADP will decline at least -1.245% in a week (0% probabilities). VIXM(-37%) UUP(-23%) VXX(-11%) XLC(-5%) IYT(-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 | -1.245% (StdDev 2.49%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0% |
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