| ACB latest price $10.6000 (1.24%) ($10.0100 - $10.8100) on Tue. Dec. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.58% (three month average) |
RSI | 72 |
Latest Price | $10.6000(1.24%) |
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 20.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ACB advance at 0% a week (0% probability) IBUY(51%) ARKK(50%) IPO(50%) IWC(50%) ARKG(49%) |
Factors Impacting ACB price | ACB will decline at least -6.29% in a week (0% probabilities). VXX(-27%) VIXM(-27%) UUP(-18%) TLT(-14%) XLU(-4%) |
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 | -6.29% (StdDev 12.58%) |
Hourly BBV | -0.2 () |
Intraday Trend | 5.6% |
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