| ACB latest price $11.2100 (14.5%) ($10.3800 - $14.4800) on Mon. Nov. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.96% (three month average) |
RSI | 79 |
Latest Price | $11.2100(14.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 21.4% a day on average for past five trading days. |
Weekly Trend | ACB advances 33.5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ACB advance at 0% a week (0% probability) EDOC(14%) XLV(9%) CEMB(6%) XLP(6%) BNDX(4%) |
Factors Impacting ACB price | ACB will decline at least -5.48% in a week (0% probabilities). SLV(-10%) BLOK(-10%) TAN(-9%) GDXJ(-9%) GDX(-9%) |
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 | -5.48% (StdDev 10.96%) |
Hourly BBV | 0.6 () |
Intraday Trend | -16% |
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