| ADP latest price $206.8400 (3.18%) ($202.9100 - $206.8400) on Tue. Jun. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.92% (three month average) |
RSI | 34 |
Latest Price | $206.8400(3.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.2% a day on average for past five trading days. |
Weekly Trend | ADP declines -4.1% 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) DIA(55%) IVW(55%) SPY(54%) SPLV(53%) IWD(52%) |
Factors Impacting ADP price | ADP will decline at least -0.96% in a week (0% probabilities). UUP(-28%) VIXM(-27%) 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 | -0.96% (StdDev 1.92%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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