| ACB latest price $5.4550 (-5.7%) ($5.4550 - $5.4550) on Wed. Jan. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.24% (three month average) |
RSI | 46 |
Latest Price | $5.4550(-5.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 0.2% a day on average for past five trading days. |
Weekly Trend | ACB declines -1.9% 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) ARKK(77%) ARKG(75%) IBUY(75%) IPO(75%) DRIV(74%) |
Factors Impacting ACB price | ACB will decline at least -2.12% in a week (0% probabilities). VIXM(-67%) VXX(-57%) UUP(-27%) TLT(-24%) TIP(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.12% (StdDev 4.24%) |
Hourly BBV | -2.3 () |
Intraday Trend | 0% |
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