| ACB latest price $11.8400 (-1.66%) ($11.2300 - $12.2450) on Tue. Jan. 19, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.93% (three month average) |
RSI | 77 |
Latest Price | $11.8400(-1.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 2.5% a day on average for past five trading days. |
Weekly Trend | ACB advances 14.4% a week on average for past two weeks. |
Market Behavior | Growth 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) ARKG(55%) ARKK(55%) IBUY(55%) IWO(54%) IPO(53%) |
Factors Impacting ACB price | ACB will decline at least -5.965% 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 | -5.965% (StdDev 11.93%) |
Hourly BBV | -0.1 () |
Intraday Trend | -2.4% |
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