| ADP latest price $252.6000 (1.1%) ($252.6000 - $252.6000) on Wed. Aug. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.86% (three month average) |
RSI | 89 |
Latest Price | $252.6000(1.1%) |
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 5.6% 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(50%) SPLV(49%) IVW(48%) IWD(47%) SDY(47%) |
Factors Impacting ADP price | ADP will decline at least -0.93% in a week (0% probabilities). UUP(-28%) VIXM(-20%) TBT(-9%) EDOC(-2%) VXX(1%) |
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 | -0.93% (StdDev 1.86%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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