| ADP latest price $224.2700 (2.52%) ($219.2100 - $225.7500) on Mon. Jul. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.14% (three month average) |
RSI | 53 |
Latest Price | $224.2700(2.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ADP advances 0.4% 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) XLI(55%) SDY(45%) DIA(44%) XLF(43%) IWD(40%) |
Factors Impacting ADP price | ADP will decline at least -0.57% in a week (0% probabilities). VXX(-39%) VIXM(-31%) TBT(-11%) UUP(-10%) IGOV(-9%) |
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 | -0.57% (StdDev 1.14%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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