| ADP latest price $201.1000 (-0.25%) ($201.1000 - $201.1000) on Tue. Jul. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.15% (three month average) |
RSI | 53 |
Latest Price | $201.1000(-0.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.5% a day on average for past five trading days. |
Weekly Trend | ADP advances 0.9% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(62%) IVW(60%) IWD(59%) SPLV(59%) |
Factors Impacting ADP price | ADP will decline at least -0.575% in a week (0% probabilities). VIXM(-40%) UUP(-28%) VXX(-8%) TBT(-4%) IGOV(2%) |
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 | -0.575% (StdDev 1.15%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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