| ACB latest price $11.9600 (9.62%) ($11.1800 - $12.2100) on Thu. Jan. 14, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.06% (three month average) |
RSI | 69 |
Latest Price | $11.9600(9.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 3.4% a day on average for past five trading days. |
Weekly Trend | ACB advances 10.9% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ACB advance at 0% a week (0% probability) IBUY(55%) ARKG(54%) ARKK(54%) IWO(54%) IWC(53%) |
Factors Impacting ACB price | ACB will decline at least -6.03% in a week (0% probabilities). VXX(-29%) VIXM(-28%) UUP(-21%) TLT(-15%) BND(-5%) |
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 | -6.03% (StdDev 12.06%) |
Hourly BBV | 1.3 () |
Intraday Trend | 5.4% |
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