| ADP latest price $220.2200 (0.52%) ($220.2200 - $220.2450) on Mon. Mar. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.73% (three month average) |
RSI | 73 |
Latest Price | $220.2200(0.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.8% a day on average for past five trading days. |
Weekly Trend | ADP advances 2.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) DIA(62%) IVW(62%) SPY(61%) IWD(59%) IWF(59%) |
Factors Impacting ADP price | ADP will decline at least -0.865% in a week (0% probabilities). VIXM(-36%) UUP(-31%) TBT(-7%) VXX(-3%) 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 | -0.865% (StdDev 1.73%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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