| ADP latest price $174.8600 (-1.54%) ($174.8600 - $174.8600) on Tue. Mar. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.26% (three month average) |
RSI | 64 |
Latest Price | $174.8600(-1.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.3% a day on average for past five trading days. |
Weekly Trend | ADP advances 2.6% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) DIA(62%) SPY(61%) SPLV(60%) IVW(59%) IWD(59%) |
Factors Impacting ADP price | ADP will decline at least -0.63% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.63% (StdDev 1.26%) |
Hourly BBV | -0.5 () |
Intraday Trend | 0% |
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