| ADP latest price $223.5500 (-0.33%) ($223.5500 - $223.5500) on Tue. May. 31, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.78% (three month average) |
RSI | 61 |
Latest Price | $223.5500(-0.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 1% a day on average for past five trading days. |
Weekly Trend | ADP advances 2.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) DIA(57%) IVW(57%) SPY(56%) IWD(55%) IWF(54%) |
Factors Impacting ADP price | ADP will decline at least -0.89% in a week (0% probabilities). UUP(-30%) VIXM(-28%) TBT(-6%) VXX(-1%) UNG(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 | -0.89% (StdDev 1.78%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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