| AKBA latest price $12.3000 (1.4%) ($12.0301 - $12.5200) on Tue. Jun. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.5% (three month average) |
RSI | 49 |
Latest Price | $12.3000(1.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AKBA advances 0.9% a day on average for past five trading days. |
Weekly Trend | AKBA declines -0.4% 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 AKBA advance at 0% a week (0% probability) XME(62%) IYT(50%) TBT(48%) IWO(46%) IWC(45%) |
Factors Impacting AKBA price | AKBA will decline at least -4.25% in a week (0% probabilities). VIXM(-49%) TIP(-37%) UUP(-34%) VXX(-29%) UNG(-1%) |
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 | -4.25% (StdDev 8.5%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
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