| ADP latest price $218.7500 (-1.38%) ($218.5300 - $221.3650) on Fri. Jul. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.1% (three month average) |
RSI | 44 |
Latest Price | $218.7500(-1.38%) |
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 -0.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ADP advance at 0% a week (0% probability) XLI(56%) DIA(46%) SDY(46%) XLF(44%) IWD(41%) |
Factors Impacting ADP price | ADP will decline at least -0.55% in a week (0% probabilities). VXX(-37%) VIXM(-29%) EDOC(-14%) UUP(-11%) TBT(-11%) |
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 | -0.4 () |
Intraday Trend | 0% |
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