| ADP latest price $137.1480 (3.89%) ($131.4474 - $137.2956) on Tue. Jun. 12, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.37% (three month average) |
RSI | 81 |
Latest Price | $137.1480(3.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.9% a day on average for past five trading days. |
Weekly Trend | ADP advances 2.6% a week on average for past two weeks. |
Market Behavior | Normal 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%) IVE(73%) IWD(73%) SPLV(73%) VYM(72%) |
Factors Impacting ADP price | ADP will decline at least -0.685% in a week (0% probabilities). UUP(-19%) VXX(-18%) VIXM(-18%) TLT(-17%) DIA(-13%) |
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 | -0.685% (StdDev 1.37%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
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