| ADP latest price $174.2600 (-0.08%) ($174.2600 - $174.2600) on Mon. Dec. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.74% (three month average) |
RSI | 43 |
Latest Price | $174.2600(-0.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.1% 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 | Value stocks sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) DIA(60%) SPY(60%) SPLV(59%) IVW(58%) IWD(57%) |
Factors Impacting ADP price | ADP will decline at least -0.87% in a week (0% probabilities). VIXM(-39%) UUP(-25%) VXX(-10%) TBT(-3%) IGOV(-1%) |
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 | -0.87% (StdDev 1.74%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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