| ACB latest price $8.3000 (-25.96%) ($8.0500 - $9.7300) on Tue. Nov. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.44% (three month average) |
RSI | 69 |
Latest Price | $8.3000(-25.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 9.3% a day on average for past five trading days. |
Weekly Trend | ACB advances 42% 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 -5.72% 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 | |
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Market Trend Strength | -5.72% (StdDev 11.44%) |
Hourly BBV | -1.4 () |
Intraday Trend | -0.7% |
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