| ADP latest price $138.1150 (0.01%) ($136.7900 - $140.0400) on Tue. Aug. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.26% (three month average) |
RSI | 31 |
Latest Price | $138.1150(0.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.2% a day on average for past five trading days. |
Weekly Trend | ADP declines -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(59%) SPY(58%) IWD(57%) SPLV(57%) SDY(56%) |
Factors Impacting ADP price | ADP will decline at least -1.13% in a week (0% probabilities). VIXM(-37%) UUP(-24%) VXX(-10%) EDOC(-8%) XLC(-5%) |
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 | -1.13% (StdDev 2.26%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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