| ADP latest price $213.0000 (0.08%) ($212.5900 - $214.0250) on Fri. Aug. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.97% (three month average) |
RSI | 83 |
Latest Price | $213.0000(0.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.3% a day on average for past five trading days. |
Weekly Trend | ADP advances 2.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) DIA(61%) IVW(61%) SPY(61%) 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 | 0.5 () |
Intraday Trend | 0% |
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