| ADP latest price $83.4564 (-0.31%) ($83.3721 - $84.0462) on Wed. Mar. 30, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.34% (three month average) |
RSI | 75 |
Latest Price | $83.4564(-0.31%) |
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 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%) IVE(70%) IWD(70%) VYM(70%) SDY(69%) |
Factors Impacting ADP price | ADP will decline at least -0.67% in a week (0% probabilities). VIXM(-23%) UUP(-16%) TLT(-16%) SPLV(-7%) IPO(-5%) |
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 | -0.67% (StdDev 1.34%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
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