| ACB latest price $11.5400 (-2.53%) ($11.3700 - $11.9600) on Wed. Jan. 20, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.92% (three month average) |
RSI | 79 |
Latest Price | $11.5400(-2.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 1.8% a day on average for past five trading days. |
Weekly Trend | ACB advances 14% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock 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 -5.96% 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 | -5.96% (StdDev 11.92%) |
Hourly BBV | -0.6 () |
Intraday Trend | -0.8% |
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