| ADP latest price $214.8300 (-0.74%) ($214.6000 - $214.8300) on Thu. Aug. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.93% (three month average) |
RSI | 76 |
Latest Price | $214.8300(-0.74%) |
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 1.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) DIA(61%) IVW(61%) SPY(61%) IWD(59%) SPLV(59%) |
Factors Impacting ADP price | ADP will decline at least -0.465% in a week (0% probabilities). VIXM(-40%) UUP(-28%) VXX(-8%) TBT(-5%) IGOV(-5%) |
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 | -0.465% (StdDev 0.93%) |
Hourly BBV | -1.8 () |
Intraday Trend | 0% |
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