| ADP latest price $130.7394 (0.09%) ($128.7995 - $131.1771) on Wed. Jan. 9, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.04% (three month average) |
RSI | 52 |
Latest Price | $130.7394(0.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.2% a day on average for past five trading days. |
Weekly Trend | ADP advances 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) SPLV(74%) SPY(74%) IVE(73%) IWD(73%) SDY(72%) |
Factors Impacting ADP price | ADP will decline at least -1.02% in a week (0% probabilities). UUP(-21%) DIA(-19%) VXX(-17%) TLT(-17%) VIXM(-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 | -1.02% (StdDev 2.04%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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