| ACB latest price $10.2700 (5.88%) ($10.1200 - $11.3000) on Wed. Jan. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.12% (three month average) |
RSI | 49 |
Latest Price | $10.2700(5.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 4.3% a day on average for past five trading days. |
Weekly Trend | ACB declines -1.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ACB advance at 0% a week (0% probability) IBUY(54%) ARKG(53%) ARKK(53%) IWC(53%) IWO(52%) |
Factors Impacting ACB price | ACB will decline at least -6.06% in a week (0% probabilities). VXX(-27%) VIXM(-27%) UUP(-21%) TLT(-15%) BND(-6%) |
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 | -6.06% (StdDev 12.12%) |
Hourly BBV | 0.6 () |
Intraday Trend | -6.9% |
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