| ACB latest price $4.0000 (9.89%) ($4.0000 - $4.1050) on Thu. Mar. 24, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.73% (three month average) |
RSI | 64 |
Latest Price | $4.0000(9.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 3.1% 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) ACES(76%) ARKK(73%) IWO(73%) DRIV(72%) ARKG(71%) |
Factors Impacting ACB price | ACB will decline at least -2.365% in a week (0% probabilities). VIXM(-85%) VXX(-69%) UUP(-34%) TLT(-19%) SHY(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.365% (StdDev 4.73%) |
Hourly BBV | 2.9 () |
Intraday Trend | 0% |
| |
|
|