| ADP latest price $227.4700 (0.73%) ($227.4700 - $227.8500) on Mon. Feb. 13, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.42% (three month average) |
RSI | 34 |
Latest Price | $227.4700(0.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.3% a day on average for past five trading days. |
Weekly Trend | ADP declines -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) BOTZ(47%) ARKG(44%) IVE(44%) IWD(44%) DIA(42%) |
Factors Impacting ADP price | ADP will decline at least -0.71% in a week (0% probabilities). SHY(-26%) TLT(-25%) VIXM(-24%) TIP(-24%) GLD(-23%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.71% (StdDev 1.42%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
| |
|
|