| ADP latest price $116.3717 (0.61%) ($110.2788 - $116.7047) on Tue. May. 1, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.62% (three month average) |
RSI | 64 |
Latest Price | $116.3717(0.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.4% a day on average for past five trading days. |
Weekly Trend | ADP advances 1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock 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 -0.81% in a week (0% probabilities). UUP(-19%) VIXM(-18%) TLT(-17%) DIA(-12%) XHB(-7%) |
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 | -0.81% (StdDev 1.62%) |
Hourly BBV | 0 () |
Intraday Trend | 5.5% |
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