| ADP latest price $234.9200 (0.58%) ($234.9200 - $234.9200) on Mon. Apr. 4, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.78% (three month average) |
RSI | 82 |
Latest Price | $234.9200(0.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 1.3% a day on average for past five trading days. |
Weekly Trend | ADP advances 4% a week on average for past two weeks. |
Market Behavior | Growth stock 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(61%) IVW(61%) SPY(61%) IWD(59%) IWF(59%) |
Factors Impacting ADP price | ADP will decline at least -0.89% in a week (0% probabilities). VIXM(-36%) UUP(-31%) TBT(-8%) VXX(-3%) EDOC(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.89% (StdDev 1.78%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
| |
|
|