| ACB latest price $9.7500 (-16.52%) ($9.6350 - $12.1200) on Tue. Dec. 1, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 12.71% (three month average) |
RSI | 59 |
Latest Price | $9.7500(-16.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 5.5% a day on average for past five trading days. |
Weekly Trend | ACB advances 19.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value 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%) XBI(48%) ARKK(47%) |
Factors Impacting ACB price | ACB will decline at least -6.355% 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 | |
| |
Market Trend Strength | -6.355% (StdDev 12.71%) |
Hourly BBV | 0.1 () |
Intraday Trend | -17.7% |
| |
|
|