| ADP latest price $217.6450 (0.54%) ($217.6450 - $217.7500) on Fri. Jul. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.97% (three month average) |
RSI | 76 |
Latest Price | $217.6450(0.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.7% a day on average for past five trading days. |
Weekly Trend | ADP advances 2.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) DIA(51%) IVW(51%) SPLV(49%) SPY(49%) IWD(48%) |
Factors Impacting ADP price | ADP will decline at least -0.985% in a week (0% probabilities). UUP(-29%) VIXM(-22%) TBT(-6%) VXX(0%) UNG(5%) |
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 | -0.985% (StdDev 1.97%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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