| ADP latest price $164.6750 (0.64%) ($164.6750 - $164.6750) on Tue. Jan. 26, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.52% (three month average) |
RSI | 40 |
Latest Price | $164.6750(0.64%) |
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 -1.8% a week on average for past two weeks. |
Market Behavior | Value stocks 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(61%) SPY(60%) SPLV(59%) IVW(58%) IWD(57%) |
Factors Impacting ADP price | ADP will decline at least -0.76% 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 | -0.76% (StdDev 1.52%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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