| ADP latest price $220.3900 (1.35%) ($218.7300 - $220.3900) on Fri. Jul. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.95% (three month average) |
RSI | 61 |
Latest Price | $220.3900(1.35%) |
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 0.4% a week on average for past two weeks. |
Market Behavior | Growth stock 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(51%) IVW(51%) SPLV(49%) SPY(49%) IWD(48%) |
Factors Impacting ADP price | ADP will decline at least -0.975% in a week (0% probabilities). UUP(-29%) VIXM(-22%) TBT(-8%) EDOC(-5%) 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 | -0.975% (StdDev 1.95%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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