| ADP latest price $236.9400 (0.85%) ($233.5800 - $236.9400) on Wed. Nov. 17, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.06% (three month average) |
RSI | 78 |
Latest Price | $236.9400(0.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.6% a day on average for past five trading days. |
Weekly Trend | ADP advances 2% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(61%) IVW(61%) SPY(61%) IWD(59%) IWF(59%) |
Factors Impacting ADP price | ADP will decline at least -0.53% in a week (0% probabilities). VIXM(-40%) UUP(-29%) VXX(-7%) IGOV(-5%) TBT(-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 | -0.53% (StdDev 1.06%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
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