| ADP latest price $144.5200 (2.82%) ($138.3900 - $144.6400) on Mon. May. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.67% (three month average) |
RSI | 50 |
Latest Price | $144.5200(2.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.3% 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 | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) DIA(62%) IWD(60%) SPY(60%) IVE(59%) SPLV(59%) |
Factors Impacting ADP price | ADP will decline at least -2.335% in a week (0% probabilities). VIXM(-43%) UUP(-23%) VXX(-14%) TLT(-4%) XLC(2%) |
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 | -2.335% (StdDev 4.67%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
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