| ADP latest price $75.9960 (-2.08%) ($75.9960 - $77.1905) on Thu. Aug. 20, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.04% (three month average) |
RSI | 66 |
Latest Price | $75.9960(-2.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.1% a day on average for past five trading days. |
Weekly Trend | ADP advances 2.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) SPY(73%) IVE(71%) VYM(71%) VT(69%) XLK(67%) |
Factors Impacting ADP price | ADP will decline at least -0.52% in a week (0% probabilities). VIXM(-27%) TLT(-18%) UUP(-11%) IGOV(-7%) GDXJ(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.52% (StdDev 1.04%) |
Hourly BBV | 0 () |
Intraday Trend | -1.2% |
| |
|
|