| ADP latest price $218.7100 (3.82%) ($211.7800 - $218.7100) on Fri. Jun. 24, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.96% (three month average) |
RSI | 46 |
Latest Price | $218.7100(3.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 1.9% a day on average for past five trading days. |
Weekly Trend | ADP declines -2.3% 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(54%) IVW(54%) SPY(53%) SPLV(52%) IWD(51%) |
Factors Impacting ADP price | ADP will decline at least -0.98% in a week (0% probabilities). UUP(-27%) VIXM(-25%) TBT(-5%) VXX(-0%) 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 | -0.98% (StdDev 1.96%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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