| ADP latest price $80.1737 (-0.73%) ($79.4062 - $80.6729) on Tue. Nov. 24, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 48 |
Latest Price | $80.1737(-0.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.2% a day on average for past five trading days. |
Weekly Trend | ADP declines -0.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) SPY(72%) IVE(71%) IWD(71%) VYM(71%) IVW(69%) |
Factors Impacting ADP price | ADP will decline at least -0.7% in a week (0% probabilities). VIXM(-25%) TLT(-17%) 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 | -0.7% (StdDev 1.4%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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