| ADP latest price $173.7800 (0.35%) ($171.3600 - $174.3500) on Thu. Nov. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.76% (three month average) |
RSI | 74 |
Latest Price | $173.7800(0.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.5% a day on average for past five trading days. |
Weekly Trend | ADP advances 3.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) DIA(61%) SPLV(60%) SPY(60%) IVW(58%) IWD(57%) |
Factors Impacting ADP price | ADP will decline at least -0.88% in a week (0% probabilities). VIXM(-39%) UUP(-25%) EDOC(-11%) VXX(-10%) TBT(-3%) |
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 | -0.88% (StdDev 1.76%) |
Hourly BBV | -0.8 () |
Intraday Trend | 0% |
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