| ADP latest price $131.7740 (0.79%) ($129.8326 - $131.8934) on Thu. Jan. 10, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.93% (three month average) |
RSI | 53 |
Latest Price | $131.7740(0.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 1% a day on average for past five trading days. |
Weekly Trend | ADP advances 1.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Growth stock 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 -0.965% in a week (0% probabilities). UUP(-21%) DIA(-20%) 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 | -0.965% (StdDev 1.93%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
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