| ADP latest price $216.5500 (2.33%) ($216.5500 - $216.7800) on Fri. Jun. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.2% (three month average) |
RSI | 58 |
Latest Price | $216.5500(2.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.6% a day on average for past five trading days. |
Weekly Trend | ADP declines -0.4% 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(35%) ARKG(34%) ACES(29%) ARKK(27%) PEJ(24%) |
Factors Impacting ADP price | ADP will decline at least -0.6% in a week (0% probabilities). TIP(-22%) SHY(-22%) VCSH(-19%) GLD(-19%) VCIT(-18%) |
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 | -0.6% (StdDev 1.2%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0% |
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