| ADP latest price $175.1900 (0.64%) ($174.2100 - $175.4300) on Fri. Nov. 27, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.78% (three month average) |
RSI | 67 |
Latest Price | $175.1900(0.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.2% a day on average for past five trading days. |
Weekly Trend | ADP advances 1.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) DIA(61%) SPY(60%) SPLV(59%) IVW(58%) IWD(57%) |
Factors Impacting ADP price | ADP will decline at least -0.89% in a week (0% probabilities). VIXM(-39%) UUP(-25%) EDOC(-11%) VXX(-10%) TBT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.89% (StdDev 1.78%) |
Hourly BBV | -2.4 () |
Intraday Trend | 0% |
| |
|
|