| ADP latest price $145.3813 (-0.4%) ($144.9757 - $146.3606) on Wed. Sep. 19, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.79% (three month average) |
RSI | 58 |
Latest Price | $145.3813(-0.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.1% a day on average for past five trading days. |
Weekly Trend | ADP advances 0.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) SPY(75%) IWD(74%) IVE(73%) SPLV(73%) VYM(73%) |
Factors Impacting ADP price | ADP will decline at least -0.395% in a week (0% probabilities). UUP(-20%) VXX(-18%) VIXM(-18%) TLT(-18%) DIA(-13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.395% (StdDev 0.79%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
| |
|
|