| ADP latest price $149.9514 (-0.12%) ($149.7041 - $151.8506) on Wed. Oct. 3, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.72% (three month average) |
RSI | 72 |
Latest Price | $149.9514(-0.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.3% a day on average for past five trading days. |
Weekly Trend | ADP advances 1.3% 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(75%) IWD(74%) IVE(73%) SPLV(73%) VYM(73%) |
Factors Impacting ADP price | ADP will decline at least -0.36% in a week (0% probabilities). UUP(-20%) VXX(-18%) VIXM(-18%) TLT(-18%) IFRA(-14%) |
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 | -0.36% (StdDev 0.72%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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