| ACB latest price $10.4700 (20.21%) ($8.7100 - $10.5900) on Fri. Nov. 27, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 12.38% (three month average) |
RSI | 54 |
Latest Price | $10.4700(20.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 8.7% a day on average for past five trading days. |
Weekly Trend | ACB advances 0.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ACB advance at 0% a week (0% probability) IBUY(49%) IWC(49%) IPO(48%) IWO(48%) XBI(48%) |
Factors Impacting ACB price | ACB will decline at least -6.19% in a week (0% probabilities). VXX(-26%) VIXM(-25%) UUP(-20%) TLT(-13%) XLU(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -6.19% (StdDev 12.38%) |
Hourly BBV | -3 () |
Intraday Trend | 16.6% |
| |
|
|