| ADP latest price $212.8400 (0.4%) ($212.8400 - $212.8400) on Thu. Aug. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.97% (three month average) |
RSI | 65 |
Latest Price | $212.8400(0.4%) |
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 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(61%) SPY(61%) IVW(60%) IWD(59%) SPLV(59%) |
Factors Impacting ADP price | ADP will decline at least -0.485% in a week (0% probabilities). VIXM(-39%) UUP(-28%) VXX(-8%) TBT(-5%) 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 | -0.485% (StdDev 0.97%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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