| ADP latest price $161.6600 (1.07%) ($0.0000 - $0.0000) on Wed. Sep. 25, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.32% (three month average) |
RSI | 20 |
Latest Price | $161.6600(1.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.5% a day on average for past five trading days. |
Weekly Trend | ADP declines -2.3% 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(76%) IWD(74%) SPLV(74%) SPY(74%) IVE(73%) |
Factors Impacting ADP price | ADP will decline at least -0.66% in a week (0% probabilities). VIXM(-54%) VXX(-21%) TLT(-16%) UUP(-9%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.66% (StdDev 1.32%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|