| ADP latest price $144.7862 (0.17%) ($143.8511 - $145.3334) on Wed. Feb. 6, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 78 |
Latest Price | $144.7862(0.17%) |
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 3.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) DIA(75%) SPY(74%) IVE(73%) IWD(73%) SPLV(73%) |
Factors Impacting ADP price | ADP will decline at least -0.875% in a week (0% probabilities). UUP(-22%) VXX(-17%) TLT(-17%) VIXM(-14%) XHB(-12%) |
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 | -0.875% (StdDev 1.75%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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