| ADP latest price $205.0750 (-1.43%) ($205.0750 - $205.0750) on Thu. Feb. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.72% (three month average) |
RSI | 25 |
Latest Price | $205.0750(-1.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.9% a day on average for past five trading days. |
Weekly Trend | ADP declines -4.8% a week on average for past two weeks. |
Market Behavior | Broad based 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(60%) SPY(60%) IWD(59%) IWF(58%) |
Factors Impacting ADP price | ADP will decline at least -0.86% in a week (0% probabilities). VIXM(-37%) UUP(-30%) TBT(-7%) VXX(-5%) EDOC(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 | -0.86% (StdDev 1.72%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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