| ADP latest price $113.1303 (1.51%) ($110.8316 - $113.4002) on Fri. Jul. 28, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.71% (three month average) |
RSI | 76 |
Latest Price | $113.1303(1.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 2.4% a day on average for past five trading days. |
Weekly Trend | ADP advances 3.6% a week on average for past two weeks. |
Market Behavior | Normal 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(73%) IWD(72%) SPLV(72%) IVE(71%) VYM(71%) |
Factors Impacting ADP price | ADP will decline at least -0.855% in a week (0% probabilities). VIXM(-21%) UUP(-17%) TLT(-17%) DIA(-7%) IGOV(-6%) |
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 | -0.855% (StdDev 1.71%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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