ADP
Underperforming without a clear catalyst yet
- ADP −2.38% on the last session vs SPY +0.74%: −3.1 pts of stock-specific move.
- Aftermath, big drop (Oct 2): After its 68 big drops in the past 5 years, ADP typically gained 0.9% over the next week (median) and was higher 60% of the time; half the outcomes fell between -0.8% and +2.7%. An ordinary week: +0.3%. Among S&P 500 stocks after big drops, that ranks #62 of 500.
- Market backdrop (Fri): Average Hourly Earnings m/m 0.1% vs 0.3% expected (cooler); Non-Farm Employment Change 29K vs 89K expected (weaker); S&P futures +0.41%, 10-year yield -5bp in the 30 minutes after.
After each kind of event
| Event | Events | 1 day | 1 week | 1 month | 1 quarter |
|---|---|---|---|---|---|
| Any day | 1,255 | 0.0%#330 H | +0.3%#251 H | +0.5%#325 H | +1.9%#267 M |
| Big drop latest session (-1.6% or worse) | 69 | 0.0%#411 H | +0.9%#62 H | -0.2%#448 H | -0.7%#393 M |
| Big gain Oct 1 (+1.5% or better) | 58 | -0.3%#494 H | +0.3%#323 H | +1.3%#258 H | +3.4%#255 M |
| Earnings beat | 20 | -0.5%#480 H | -0.1%#377 H | +3.3%#25 H | +2.0%#286 M |
| Earnings miss | — | — | — | — | — |
| 52-week high | 8 | +0.1%#136 M | +0.6%#7 M | +0.4%#301 M | +0.7%#290 L |
| 52-week low | 3 | +0.3%#27 L | -0.6%#214 L | -2.8%#227 L | -4.9%– |
| Crossed above 200-day avg | 7 | -0.8%#436 L | +0.4%#230 L | +8.0%#19 L | +9.7%#10 L |
| Crossed below 200-day avg | 7 | -0.3%#312 L | -0.5%#290 L | +5.6%#35 L | +8.8%#119 L |
| RSI oversold | 7 | +0.5%#183 L | -0.6%#283 L | +3.9%#177 L | +3.5%#323 L |
| RSI overbought | 15 | -0.1%#299 M | +0.8%#23 M | +3.6%#22 M | +1.2%#250 M |
| Reddit spike | — | — | — | — | — |
| Analyst upgrade | — | — | — | — | — |
| Analyst downgrade | — | — | — | — | — |
| Insider buy | — | — | — | — | — |
| Insider unplanned sale | — | — | — | — | — |
Median gain from the close of the session the event was known, over each holding period; #rank among the S&P 500 stocks after the same kind of event (#1 = best). "Big" is ADP's own: its worst / best 10% of days over the prior 2 years. Highlighted: happening in the latest session.
RSI overbought
The 14-day RSI rises above 70.
| Holding | Events | Median (likely range) | Confidence | Rank | Up | vs SPY | Range of outcomes (worst · 25–75% · median · best) | vs S&P 500 stocks (their medians) |
|---|---|---|---|---|---|---|---|---|
| 1 day | 15 | -0.11% (-0.6 to +0.6) | Medium | #299 of 501 | 40% | -0.53% |
-3%
+2%
|
|
| 1 week | 15 | +0.76% (+0.6 to +1.8) | Medium | #23 of 501 | 80% | +1.03% |
-5%
+4%
|
|
| 1 month | 15 | +3.57% (+0.1 to +4.1) | Medium | #22 of 501 | 67% | +1.73% |
-11%
+8%
|
|
| 1 quarter | 13 ≈8 indep. | +1.21% (-4.8 to +2.1) | Medium | #250 of 501 | 62% | -0.45% |
-16%
+12%
|
Range of outcomes: all of ADP's overbought readings in the past 5 years, from the worst to the best result over each holding period; the box holds the middle half, the tick is the median. A wide box means the median alone says little. Hover the median for the average.
RSI overbought by trend
| When it happened | Events | 1 day | 1 week | 1 month | 1 quarter |
|---|---|---|---|---|---|
| Long trendAbove its 200-day avg now | 14 | -0.2%M vs 0.0% | +0.7%M vs +0.4% | +3.6%M vs +0.2% | +1.3%L vs +1.2% |
| Below its 200-day avg | — | — | — | — | — |
| Medium trendAbove its 50-day avg | 15 | -0.1%M vs 0.0% | +0.8%M vs +0.2% | +3.6%M vs +0.1% | +1.2%M vs +1.7% |
| Below its 50-day avg now | — | — | — | — | — |
| Short trendAbove its 20-day avg | 15 | -0.1%M vs 0.0% | +0.8%M vs +0.3% | +3.6%M vs +1.0% | +1.2%M vs +1.4% |
| Below its 20-day avg now | — | — | — | — | — |
The same event split by where ADP stood against its 200-, 50- and 20-day averages when it happened (a dip in an uptrend vs a falling knife); "vs" is the plain any-day median in that trend; "now" marks where it stands today. Splitting halves the evidence, so watch the confidence letters: H / M / L.
Latest overbought readings
| Event | Entry | 1 day | 1 week | 1 month | 1 quarter | |
|---|---|---|---|---|---|---|
| Jul 29, 2026 | Jul 29 @ $271.63 | RSI 73.5, +3.5% on the day | -3.5% | -1.2% | +4.1% | … |
| Jul 13, 2026 | Jul 13 @ $249.45 | RSI 70.4, +3.8% on the day | -1.8% | +1.7% | +8.0% | … |
| May 16, 2025 | May 16 @ $307.22 | RSI 70.2, +1.1% on the day | +1.1% | +0.5% | -3.2% | -4.8% |
| Nov 6, 2024 | Nov 6 @ $290.51 | RSI 75.0, +4.8% on the day | -0.1% | +0.8% | -0.2% | +1.1% |
| Oct 14, 2024 | Oct 14 @ $277.01 | RSI 71.8, +0.9% on the day | -0.3% | 0.0% | +5.8% | +1.3% |
| Sep 10, 2024 | Sep 10 @ $264.50 | RSI 70.4, +1.3% on the day | -0.6% | +0.6% | +3.6% | +7.1% |
| Aug 21, 2024 | Aug 21 @ $253.69 | RSI 70.8, +1.2% on the day | +0.6% | +1.8% | +3.7% | +11.6% |
| Jul 30, 2024 | Jul 30 @ $244.12 | RSI 72.1, +1.0% on the day | +1.9% | +0.7% | +5.8% | +11.7% |
| Jan 31, 2024 | Jan 31 @ $230.13 | RSI 72.0, +3.0% on the day | +0.5% | +1.8% | +1.6% | +1.2% |
| Aug 7, 2023 | Aug 7 @ $232.27 | RSI 70.9, +2.1% on the day | -1.0% | +0.5% | +0.1% | -12.1% |
| Jul 17, 2023 | Jul 17 @ $216.43 | RSI 72.1, +1.9% on the day | +0.9% | +2.5% | +7.4% | +6.4% |
| Nov 25, 2022 | Nov 25 @ $240.48 | RSI 70.7, +0.5% on the day | -2.1% | +2.3% | -8.2% | -16.3% |
| Aug 25, 2022 | Aug 25 @ $234.24 | RSI 71.2, +0.8% on the day | -3.0% | -4.7% | -11.1% | +2.1% |
| Jul 28, 2022 | Jul 28 @ $217.25 | RSI 72.3, +2.3% on the day | +0.7% | +1.9% | +4.6% | -1.4% |
| Mar 30, 2022 | Mar 30 @ $205.64 | RSI 72.3, +1.2% on the day | -0.1% | +4.4% | -4.2% | -7.3% |
Aftermath: entry is the close of the first session the event was fully known (the same session for price moves, the reaction session for earnings, the next session for Reddit, analyst and insider events, which are dated by day). Repeats within a few sessions count as one event. Past performance after an event says nothing certain about the next one. Not advice.