| ADP latest price $73.5904 (0.89%) ($72.8229 - $73.7845) on Wed. Sep. 16, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.61% (three month average) |
RSI | 57 |
Latest Price | $73.5904(0.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.5% a day on average for past five trading days. |
Weekly Trend | ADP advances 1.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) SPY(72%) IWD(71%) VYM(71%) IVE(70%) SDY(69%) |
Factors Impacting ADP price | ADP will decline at least -0.805% in a week (0% probabilities). VIXM(-26%) TLT(-18%) UUP(-13%) IGOV(-6%) 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 | -0.805% (StdDev 1.61%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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