| ADP latest price $69.4853 (0.43%) ($68.4859 - $69.5567) on Mon. May. 5, 2014. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.88% (three month average) |
RSI | 77 |
Latest Price | $69.4853(0.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.6% a day on average for past five trading days. |
Weekly Trend | ADP advances 1.5% 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) SPY(72%) VT(69%) XLK(66%) XLI(65%) QQQ(63%) |
Factors Impacting ADP price | ADP will decline at least -0.44% in a week (0% probabilities). TLT(-19%) UUP(-9%) IGOV(-7%) GDXJ(-4%) SHY(-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 | -0.44% (StdDev 0.88%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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