| ACB latest price $12.8000 (-2.07%) ($12.5600 - $13.3300) on Fri. Feb. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.62% (three month average) |
RSI | 55 |
Latest Price | $12.8000(-2.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 2.7% a day on average for past five trading days. |
Weekly Trend | ACB advances 6.3% a week on average for past two weeks. |
Market Behavior | Broad based 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(56%) ARKK(56%) IBUY(56%) IPO(55%) IWO(55%) |
Factors Impacting ACB price | ACB will decline at least -5.31% in a week (0% probabilities). VXX(-30%) VIXM(-29%) 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 | -5.31% (StdDev 10.62%) |
Hourly BBV | -1.3 () |
Intraday Trend | -3.5% |
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