| ADP latest price $227.5250 (1.31%) ($227.5250 - $227.5250) on Wed. Feb. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.42% (three month average) |
RSI | 53 |
Latest Price | $227.5250(1.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.3% 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 | Value stock 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.71% (StdDev 1.42%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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