| ADP latest price $245.4200 (2.07%) ($245.4200 - $245.4200) on Tue. Nov. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.58% (three month average) |
RSI | 63 |
Latest Price | $245.4200(2.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.1% a day on average for past five trading days. |
Weekly Trend | ADP advances 1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) DIA(33%) IVW(31%) SDY(31%) SPLV(31%) IFRA(30%) |
Factors Impacting ADP price | ADP will decline at least -0.79% in a week (0% probabilities). UUP(-24%) VIXM(-9%) TBT(-8%) VXX(3%) KWEB(3%) |
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 | -0.79% (StdDev 1.58%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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