| ACB latest price $12.0500 (-6.37%) ($12.0100 - $12.7200) on Thu. Jul. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.86% (three month average) |
RSI | 37 |
Latest Price | $12.0500(-6.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 0.4% a day on average for past five trading days. |
Weekly Trend | ACB declines -1.5% a week on average for past two weeks. |
Market Behavior | Growth stock 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) XLP(8%) GDX(7%) GDXJ(7%) GLD(7%) IVE(7%) |
Factors Impacting ACB price | ACB will decline at least -6.43% in a week (0% probabilities). BNDX(-10%) USO(-6%) 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 | -6.43% (StdDev 12.86%) |
Hourly BBV | 0 () |
Intraday Trend | -4.5% |
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