| ADP latest price $211.0000 (1.09%) ($211.0000 - $211.0000) on Wed. Feb. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.72% (three month average) |
RSI | 40 |
Latest Price | $211.0000(1.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.3% a day on average for past five trading days. |
Weekly Trend | ADP declines -1.3% 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(62%) IVW(62%) SPY(62%) IWD(60%) IWF(60%) |
Factors Impacting ADP price | ADP will decline at least -0.86% in a week (0% probabilities). VIXM(-38%) UUP(-30%) TBT(-6%) VXX(-5%) EDOC(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 | -0.86% (StdDev 1.72%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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