| ADP latest price $188.9100 (-0.16%) ($188.9100 - $188.9100) on Tue. Mar. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.47% (three month average) |
RSI | 66 |
Latest Price | $188.9100(-0.16%) |
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 2.7% a week on average for past two weeks. |
Market Behavior | Value stocks 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(61%) SPY(61%) SPLV(60%) IVW(59%) IWD(58%) |
Factors Impacting ADP price | ADP will decline at least -0.735% in a week (0% probabilities). VIXM(-39%) UUP(-27%) VXX(-10%) IGOV(-7%) TBT(-4%) |
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 | -0.735% (StdDev 1.47%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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