| ADP latest price $206.2350 (1.45%) ($206.2350 - $206.5000) on Fri. Jul. 23, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.18% (three month average) |
RSI | 61 |
Latest Price | $206.2350(1.45%) |
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 0.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally 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 -0.59% 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 | -0.59% (StdDev 1.18%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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