| ADP latest price $209.5800 (-0.13%) ($209.5800 - $209.5800) on Thu. Mar. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.77% (three month average) |
RSI | 64 |
Latest Price | $209.5800(-0.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.5% a day on average for past five trading days. |
Weekly Trend | ADP advances 2.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal 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(58%) |
Factors Impacting ADP price | ADP will decline at least -0.885% in a week (0% probabilities). VIXM(-36%) UUP(-30%) TBT(-6%) VXX(-4%) EDOC(-1%) |
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 | -0.885% (StdDev 1.77%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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