| ADP latest price $225.8200 (0.5%) ($222.9600 - $225.8200) on Fri. Feb. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.44% (three month average) |
RSI | 30 |
Latest Price | $225.8200(0.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.1% a day on average for past five trading days. |
Weekly Trend | ADP declines -1.2% 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) BOTZ(47%) IVE(46%) ARKG(45%) IWD(45%) SPY(44%) |
Factors Impacting ADP price | ADP will decline at least -0.72% in a week (0% probabilities). VIXM(-24%) SHY(-24%) TLT(-23%) TIP(-21%) GLD(-19%) |
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 | -0.72% (StdDev 1.44%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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