| ACB latest price $12.4200 (1.97%) ($11.9500 - $12.6600) on Tue. Jul. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 13.07% (three month average) |
RSI | 40 |
Latest Price | $12.4200(1.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 0.1% a day on average for past five trading days. |
Weekly Trend | ACB declines -3.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ACB advance at 0% a week (0% probability) IGOV(8%) XLP(8%) GDX(7%) GDXJ(7%) GLD(7%) |
Factors Impacting ACB price | ACB will decline at least -6.535% in a week (0% probabilities). BNDX(-10%) USO(-7%) TLT(-6%) UNG(-5%) BND(-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 | -6.535% (StdDev 13.07%) |
Hourly BBV | 0 () |
Intraday Trend | 2.6% |
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