| ADP latest price $253.3250 (1.35%) ($253.3250 - $253.3250) on Fri. Aug. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.21% (three month average) |
RSI | 57 |
Latest Price | $253.3250(1.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.2% a day on average for past five trading days. |
Weekly Trend | ADP advances 0.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) IVW(95%) SPY(92%) XAR(82%) DIA(80%) PAVE(80%) |
Factors Impacting ADP price | ADP will decline at least -0.605% in a week (0% probabilities). VXX(-93%) VIXM(-81%) TBT(-37%) UUP(-6%) IGOV(-2%) |
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 | -0.605% (StdDev 1.21%) |
Hourly BBV | 2.5 () |
Intraday Trend | 0% |
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