| ADP latest price $243.8100 (-0.19%) ($243.8100 - $243.8100) on Mon. Sep. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.76% (three month average) |
RSI | 29 |
Latest Price | $243.8100(-0.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.5% a day on average for past five trading days. |
Weekly Trend | ADP declines -2.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) DIA(47%) IVW(46%) SPLV(46%) SPY(45%) IWD(44%) |
Factors Impacting ADP price | ADP will decline at least -0.88% in a week (0% probabilities). UUP(-30%) VIXM(-17%) TBT(-9%) EDOC(-1%) VXX(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 | -0.88% (StdDev 1.76%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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