| ADP latest price $150.0800 (-1.01%) ($149.1200 - $151.9500) on Thu. Jun. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.49% (three month average) |
RSI | 76 |
Latest Price | $150.0800(-1.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.7% a day on average for past five trading days. |
Weekly Trend | ADP advances 5.1% 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%) SPY(60%) IVE(59%) IWD(59%) SPLV(59%) |
Factors Impacting ADP price | ADP will decline at least -2.245% in a week (0% probabilities). VIXM(-42%) UUP(-23%) VXX(-13%) TLT(-3%) IGOV(-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 | -2.245% (StdDev 4.49%) |
Hourly BBV | -0 () |
Intraday Trend | 0% |
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