| ADP latest price $104.7969 (1.28%) ($102.9851 - $105.1748) on Fri. Sep. 22, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.74% (three month average) |
RSI | 56 |
Latest Price | $104.7969(1.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.3% a day on average for past five trading days. |
Weekly Trend | ADP declines -0.2% 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(74%) IWD(73%) SPLV(73%) IVE(72%) VYM(72%) |
Factors Impacting ADP price | ADP will decline at least -0.87% in a week (0% probabilities). VIXM(-21%) UUP(-18%) TLT(-17%) DIA(-8%) IGOV(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.87% (StdDev 1.74%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
| |
|
|