| ADP latest price $212.5300 (0.07%) ($207.8000 - $214.5700) on Wed. Mar. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.77% (three month average) |
RSI | 69 |
Latest Price | $212.5300(0.07%) |
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 1.5% 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(61%) IVW(61%) SPY(61%) IWD(59%) IWF(59%) |
Factors Impacting ADP price | ADP will decline at least -0.885% in a week (0% probabilities). VIXM(-36%) UUP(-31%) TBT(-7%) VXX(-3%) USO(6%) |
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 | 0.6 () |
Intraday Trend | 0% |
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