| ADP latest price $96.1229 (2.12%) ($94.6837 - $96.8187) on Fri. Dec. 16, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.9% (three month average) |
RSI | 72 |
Latest Price | $96.1229(2.12%) |
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 1.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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%) SPLV(71%) IVE(70%) VYM(70%) |
Factors Impacting ADP price | ADP will decline at least -0.45% in a week (0% probabilities). VIXM(-21%) TLT(-17%) UUP(-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 | -0.45% (StdDev 0.9%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
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