| ADP latest price $70.3567 (0.85%) ($69.4628 - $70.5192) on Wed. Oct. 29, 2014. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.97% (three month average) |
RSI | 72 |
Latest Price | $70.3567(0.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.9% a day on average for past five trading days. |
Weekly Trend | ADP advances 3% 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(73%) VT(69%) XLK(67%) XLI(66%) XLF(64%) |
Factors Impacting ADP price | ADP will decline at least -0.985% in a week (0% probabilities). VIXM(-28%) TLT(-18%) UUP(-10%) IGOV(-8%) GDXJ(-4%) |
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 | -0.985% (StdDev 1.97%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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