| ADP latest price $208.8600 (0.87%) ($208.8600 - $208.8600) on Thu. Jul. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1% (three month average) |
RSI | 62 |
Latest Price | $208.8600(0.87%) |
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 0.7% a week on average for past two weeks. |
Market Behavior | Value stock 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(61%) SPY(61%) IVW(60%) IWD(59%) SPLV(59%) |
Factors Impacting ADP price | ADP will decline at least -0.5% in a week (0% probabilities). VIXM(-39%) UUP(-28%) VXX(-8%) TBT(-5%) TLT(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 | -0.5% (StdDev 1%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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