| ACB latest price $31.4400 (7.82%) ($28.8000 - $31.5600) on Mon. Dec. 9, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.93% (three month average) |
RSI | 62 |
Latest Price | $31.4400(7.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 1.5% a day on average for past five trading days. |
Weekly Trend | ACB declines -2.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support ACB advance at 0% a week (0% probability) IWM(25%) IWN(25%) IFRA(24%) IWD(24%) IVE(23%) |
Factors Impacting ACB price | ACB will decline at least -2.965% in a week (0% probabilities). VXX(-16%) VIXM(-15%) TLT(-9%) UUP(-1%) BNDX(0%) |
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 | -2.965% (StdDev 5.93%) |
Hourly BBV | 0 () |
Intraday Trend | 7.8% |
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