| ADP latest price $240.6950 (0.55%) ($240.6950 - $241.0750) on Tue. Jul. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.14% (three month average) |
RSI | 83 |
Latest Price | $240.6950(0.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.4% a day on average for past five trading days. |
Weekly Trend | ADP advances 3.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) XLI(57%) SDY(52%) IWN(51%) XLF(51%) DIA(48%) |
Factors Impacting ADP price | ADP will decline at least -0.57% in a week (0% probabilities). VXX(-53%) VIXM(-43%) UUP(-17%) TBT(-12%) IGOV(-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 | -0.57% (StdDev 1.14%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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