| ADP latest price $232.6900 (1.44%) ($227.4100 - $232.6900) on Fri. Oct. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 50 |
Latest Price | $232.6900(1.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.6% a day on average for past five trading days. |
Weekly Trend | ADP declines -0.1% 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(40%) SPLV(39%) IVW(38%) SDY(38%) IWD(37%) |
Factors Impacting ADP price | ADP will decline at least -0.875% in a week (0% probabilities). UUP(-25%) VIXM(-12%) TBT(-6%) KWEB(-0%) MCHI(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 | -0.875% (StdDev 1.75%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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