| ADP latest price $83.8226 (-1.11%) ($83.8010 - $84.5521) on Fri. Sep. 23, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.17% (three month average) |
RSI | 44 |
Latest Price | $83.8226(-1.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.4% a day on average for past five trading days. |
Weekly Trend | ADP declines -0.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) SPY(72%) SPLV(71%) IVE(70%) IWD(70%) VYM(70%) |
Factors Impacting ADP price | ADP will decline at least -0.585% in a week (0% probabilities). VIXM(-21%) UUP(-16%) TLT(-16%) DIA(-6%) IGOV(-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 | -0.585% (StdDev 1.17%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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