| ACB latest price $6.9900 (-8.75%) ($6.8500 - $8.1000) on Thu. Nov. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.52% (three month average) |
RSI | 66 |
Latest Price | $6.9900(-8.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 1.6% a day on average for past five trading days. |
Weekly Trend | ACB advances 51.9% 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) BND(15%) IBB(15%) LQD(15%) TLT(15%) XBI(14%) |
Factors Impacting ACB price | ACB will decline at least -5.76% in a week (0% probabilities). TBT(-15%) VIXM(-8%) VXX(-5%) URA(-5%) SDY(-2%) |
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 | -5.76% (StdDev 11.52%) |
Hourly BBV | -0.8 () |
Intraday Trend | -3.6% |
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