| ADP latest price $123.1992 (0.16%) ($122.2980 - $123.4539) on Tue. May. 8, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.44% (three month average) |
RSI | 70 |
Latest Price | $123.1992(0.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 1.1% a day on average for past five trading days. |
Weekly Trend | ADP advances 3.1% 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 -0.72% 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 | -0.72% (StdDev 1.44%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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