| ACB latest price $11.7000 (4.46%) ($11.2000 - $12.1300) on Thu. Jan. 28, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.82% (three month average) |
RSI | 65 |
Latest Price | $11.7000(4.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 1% a day on average for past five trading days. |
Weekly Trend | ACB advances 1.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ACB advance at 0% a week (0% probability) IBUY(56%) ARKK(55%) ARKG(54%) IPO(54%) IWO(54%) |
Factors Impacting ACB price | ACB will decline at least -5.91% in a week (0% probabilities). VXX(-30%) VIXM(-30%) UUP(-22%) 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 | -5.91% (StdDev 11.82%) |
Hourly BBV | 1 () |
Intraday Trend | 3.6% |
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