| ACB latest price $10.2300 (6.56%) ($9.6000 - $10.3900) on Wed. Apr. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.75% (three month average) |
RSI | 66 |
Latest Price | $10.2300(6.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 1.1% a day on average for past five trading days. |
Weekly Trend | ACB advances 5.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ACB advance at 0% a week (0% probability) IWN(17%) IWM(16%) JETS(16%) XHB(16%) IFRA(15%) |
Factors Impacting ACB price | ACB will decline at least -3.875% in a week (0% probabilities). TLT(-10%) BNDX(-9%) VXX(-7%) VIXM(-6%) UUP(-5%) |
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 | -3.875% (StdDev 7.75%) |
Hourly BBV | 0 () |
Intraday Trend | 3.5% |
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