| ADP latest price $218.8400 (3.69%) ($213.1400 - $218.8400) on Tue. Jul. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 56 |
Latest Price | $218.8400(3.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.6% a day on average for past five trading days. |
Weekly Trend | ADP advances 0.2% 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(51%) IVW(51%) SPY(50%) SPLV(49%) IWD(48%) |
Factors Impacting ADP price | ADP will decline at least -0.99% in a week (0% probabilities). UUP(-30%) VIXM(-22%) TBT(-7%) EDOC(-4%) VXX(0%) |
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 | -0.99% (StdDev 1.98%) |
Hourly BBV | 2 () |
Intraday Trend | 0% |
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