| ADP latest price $146.1800 (-1.58%) ($145.3800 - $147.6600) on Thu. Jul. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.4% (three month average) |
RSI | 48 |
Latest Price | $146.1800(-1.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.1% a day on average for past five trading days. |
Weekly Trend | ADP declines -0.3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) DIA(58%) SPY(57%) SPLV(56%) IWD(55%) IVE(54%) |
Factors Impacting ADP price | ADP will decline at least -1.2% in a week (0% probabilities). VIXM(-37%) UUP(-23%) VXX(-10%) XLC(-5%) IYT(-4%) |
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 | -1.2% (StdDev 2.4%) |
Hourly BBV | -0.1 () |
Intraday Trend | 0% |
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