| ADP latest price $254.5050 (0.07%) ($254.5050 - $254.5050) on Wed. Aug. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.18% (three month average) |
RSI | 62 |
Latest Price | $254.5050(0.07%) |
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 0.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock 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 -0.59% 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 | -0.59% (StdDev 1.18%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0% |
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