| ADP latest price $224.7500 (0.87%) ($222.1950 - $224.7500) on Fri. Mar. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.35% (three month average) |
RSI | 47 |
Latest Price | $224.7500(0.87%) |
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 -1.1% 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(43%) IVE(43%) IWD(42%) ACES(41%) |
Factors Impacting ADP price | ADP will decline at least -0.675% in a week (0% probabilities). SHY(-29%) TLT(-26%) TIP(-26%) VIXM(-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 | -0.675% (StdDev 1.35%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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