| ACB latest price $11.2400 (2.65%) ($10.5300 - $11.4400) on Thu. Dec. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.79% (three month average) |
RSI | 75 |
Latest Price | $11.2400(2.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 5% a day on average for past five trading days. |
Weekly Trend | ACB advances 26.2% a week on average for past two weeks. |
Market Behavior | Normal 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%) XBI(48%) ARKK(47%) |
Factors Impacting ACB price | ACB will decline at least -6.395% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -6.395% (StdDev 12.79%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.4% |
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