| ADP latest price $174.0200 (-0.91%) ($173.7200 - $174.0200) on Fri. Feb. 26, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.22% (three month average) |
RSI | 66 |
Latest Price | $174.0200(-0.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.6% a day on average for past five trading days. |
Weekly Trend | ADP advances 2.1% 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(62%) SPY(61%) SPLV(60%) IVW(58%) IWD(58%) |
Factors Impacting ADP price | ADP will decline at least -0.61% in a week (0% probabilities). VIXM(-40%) UUP(-27%) VXX(-10%) IGOV(-6%) TBT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.61% (StdDev 1.22%) |
Hourly BBV | -0.1 () |
Intraday Trend | 0% |
| |
|
|