| ADP latest price $163.6300 (0.83%) ($163.6300 - $163.6300) on Mon. Jan. 25, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.56% (three month average) |
RSI | 38 |
Latest Price | $163.6300(0.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.3% a day on average for past five trading days. |
Weekly Trend | ADP declines -2.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) DIA(61%) SPY(60%) SPLV(59%) IVW(58%) IWD(57%) |
Factors Impacting ADP price | ADP will decline at least -0.78% in a week (0% probabilities). VIXM(-39%) UUP(-26%) VXX(-10%) TBT(-4%) IGOV(-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 | -0.78% (StdDev 1.56%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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