| ADP latest price $193.0100 (0.48%) ($191.7500 - $193.0100) on Fri. Apr. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.38% (three month average) |
RSI | 52 |
Latest Price | $193.0100(0.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.4% a day on average for past five trading days. |
Weekly Trend | ADP advances 0.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal 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 -0.69% in a week (0% probabilities). VIXM(-40%) UUP(-28%) VXX(-10%) TBT(-4%) IGOV(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 | -0.69% (StdDev 1.38%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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