| ADP latest price $218.7400 (-0.38%) ($218.7400 - $218.7400) on Mon. Jul. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.1% (three month average) |
RSI | 51 |
Latest Price | $218.7400(-0.38%) |
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 -0.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) XLI(55%) SDY(46%) DIA(45%) XLF(43%) IWD(41%) |
Factors Impacting ADP price | ADP will decline at least -0.55% in a week (0% probabilities). VXX(-36%) VIXM(-29%) UUP(-13%) TBT(-11%) SHY(-1%) |
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 | -0.55% (StdDev 1.1%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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