| ACB latest price $7.6600 (-7.71%) ($6.4200 - $8.2800) on Wed. Nov. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.48% (three month average) |
RSI | 67 |
Latest Price | $7.6600(-7.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 8.1% a day on average for past five trading days. |
Weekly Trend | ACB advances 51.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth 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 -5.74% 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 | -5.74% (StdDev 11.48%) |
Hourly BBV | -0.6 () |
Intraday Trend | 12.6% |
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