| ADP latest price $217.5100 (-0.3%) ($217.5100 - $217.5100) on Tue. Apr. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.27% (three month average) |
RSI | 57 |
Latest Price | $217.5100(-0.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.2% a day on average for past five trading days. |
Weekly Trend | ADP declines -0.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) BOTZ(39%) ARKG(37%) ACES(36%) XLB(34%) PEJ(30%) |
Factors Impacting ADP price | ADP will decline at least -0.635% in a week (0% probabilities). SHY(-28%) TIP(-26%) VCSH(-23%) TLT(-22%) VCIT(-21%) |
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 | -0.635% (StdDev 1.27%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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