| ADP latest price $234.9800 (-1.69%) ($234.9800 - $234.9800) on Thu. Oct. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.64% (three month average) |
RSI | 51 |
Latest Price | $234.9800(-1.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.6% a day on average for past five trading days. |
Weekly Trend | ADP advances 0.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) DIA(44%) IVW(43%) SPLV(43%) IWD(42%) SDY(42%) |
Factors Impacting ADP price | ADP will decline at least -0.82% in a week (0% probabilities). UUP(-27%) VIXM(-14%) TBT(-9%) VXX(1%) KWEB(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 | -0.82% (StdDev 1.64%) |
Hourly BBV | -1.3 () |
Intraday Trend | 0% |
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