| ADP latest price $215.0450 (0.73%) ($215.0450 - $217.4800) on Fri. Mar. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 66 |
Latest Price | $215.0450(0.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.7% a day on average for past five trading days. |
Weekly Trend | ADP advances 1.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock 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(59%) IWF(59%) |
Factors Impacting ADP price | ADP will decline at least -0.875% in a week (0% probabilities). VIXM(-37%) UUP(-31%) TBT(-7%) VXX(-3%) UNG(5%) |
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 | -0.875% (StdDev 1.75%) |
Hourly BBV | 2.3 () |
Intraday Trend | 0% |
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