| ADP latest price $183.0000 (-1.81%) ($182.5350 - $183.0000) on Fri. Mar. 19, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.48% (three month average) |
RSI | 59 |
Latest Price | $183.0000(-1.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.1% a day on average for past five trading days. |
Weekly Trend | ADP advances 3.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock rally 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 -0.74% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.74% (StdDev 1.48%) |
Hourly BBV | -2.1 () |
Intraday Trend | 0% |
| |
|
|