| ACB latest price $11.1500 (-4.7%) ($11.0900 - $12.3200) on Fri. Jan. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.84% (three month average) |
RSI | 63 |
Latest Price | $11.1500(-4.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 0.9% a day on average for past five trading days. |
Weekly Trend | ACB advances 0.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ACB advance at 0% a week (0% probability) IBUY(56%) ARKG(55%) ARKK(55%) IPO(54%) IWO(54%) |
Factors Impacting ACB price | ACB will decline at least -5.92% in a week (0% probabilities). VXX(-30%) VIXM(-30%) UUP(-22%) TLT(-14%) 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 | -5.92% (StdDev 11.84%) |
Hourly BBV | -0.7 () |
Intraday Trend | -5.6% |
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