| ADP latest price $254.6700 (0.06%) ($254.0700 - $254.6700) on Thu. Aug. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.18% (three month average) |
RSI | 54 |
Latest Price | $254.6700(0.06%) |
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 0.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) IVE(98%) VFMO(96%) QQQ(94%) PAVE(92%) BOTZ(91%) |
Factors Impacting ADP price | ADP will decline at least -0.59% in a week (0% probabilities). VIXM(-92%) TBT(-44%) UUP(-6%) IGOV(3%) SHY(10%) |
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 | 0.3 () |
Intraday Trend | 0% |
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