| ADP latest price $214.9800 (3.09%) ($214.9800 - $214.9800) on Tue. May. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.73% (three month average) |
RSI | 38 |
Latest Price | $214.9800(3.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.3% a day on average for past five trading days. |
Weekly Trend | ADP declines -3.1% 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) IVW(59%) DIA(58%) SPY(58%) IWD(56%) IWF(56%) |
Factors Impacting ADP price | ADP will decline at least -0.865% in a week (0% probabilities). UUP(-31%) VIXM(-30%) TBT(-4%) VXX(-2%) TLT(4%) |
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 | 1.8 () |
Intraday Trend | 0% |
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