| ADP latest price $191.0900 (1.7%) ($191.0900 - $191.1900) on Fri. Mar. 26, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.49% (three month average) |
RSI | 69 |
Latest Price | $191.0900(1.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.9% a day on average for past five trading days. |
Weekly Trend | ADP advances 1.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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(58%) |
Factors Impacting ADP price | ADP will decline at least -0.745% in a week (0% probabilities). VIXM(-40%) UUP(-28%) VXX(-9%) 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 | -0.745% (StdDev 1.49%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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