| ADP latest price $254.3350 (0.01%) ($254.3350 - $254.3350) on Tue. Aug. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.2% (three month average) |
RSI | 59 |
Latest Price | $254.3350(0.01%) |
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 0.3% 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(98%) IVE(95%) VFMO(95%) QQQ(94%) BOTZ(91%) |
Factors Impacting ADP price | ADP will decline at least -0.6% in a week (0% probabilities). VIXM(-90%) TBT(-38%) UUP(-7%) IGOV(-0%) SHY(5%) |
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 | -0.6% (StdDev 1.2%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
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