| ADP latest price $177.0650 (-0.73%) ($177.0650 - $177.0650) on Mon. Dec. 21, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.54% (three month average) |
RSI | 56 |
Latest Price | $177.0650(-0.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.4% a day on average for past five trading days. |
Weekly Trend | ADP advances 1.1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) DIA(60%) SPY(60%) SPLV(59%) IVW(58%) IWD(57%) |
Factors Impacting ADP price | ADP will decline at least -0.77% in a week (0% probabilities). VIXM(-39%) UUP(-25%) VXX(-10%) EDOC(-5%) TBT(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.77% (StdDev 1.54%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|