| ACES latest price $49.6800 (2.2%) ($48.6300 - $50.1900) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.2% (three month average) |
RSI | 67 |
Latest Price | $49.6800(2.2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | ACES advances 1.9% a day on average for past five trading days. |
Weekly Trend | ACES advances 2.6% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ACES advance at 0% a week (0% probability) ICLN(73%) TAN(69%) IWO(65%) ARKG(61%) ARKK(61%) |
Factors Impacting ACES price | ACES will decline at least -1.1% in a week (0% probabilities). VIXM(-36%) UUP(-21%) VXX(-13%) IYT(-3%) IGOV(-3%) |
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 | -1.1% (StdDev 2.2%) |
Hourly BBV | 0 () |
Intraday Trend | 2.2% |
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