| ACB latest price $4.4750 (11.88%) ($4.4750 - $4.4750) on Fri. Mar. 25, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.94% (three month average) |
RSI | 74 |
Latest Price | $4.4750(11.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 4.9% a day on average for past five trading days. |
Weekly Trend | ACB advances 9.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Rotation from growth to value 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 -2.47% in a week (0% probabilities). VIXM(-85%) VXX(-69%) UUP(-33%) TLT(-21%) SHY(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.47% (StdDev 4.94%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0% |
| |
|
|