| ADP latest price $153.1030 (0.57%) ($152.3571 - $153.6117) on Fri. Mar. 1, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.55% (three month average) |
RSI | 77 |
Latest Price | $153.1030(0.57%) |
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 1.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) DIA(75%) SPLV(74%) SPY(74%) IVE(73%) IWD(73%) |
Factors Impacting ADP price | ADP will decline at least -0.775% in a week (0% probabilities). UUP(-22%) TLT(-17%) VXX(-16%) VIXM(-14%) XHB(-12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.775% (StdDev 1.55%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
| |
|
|