| AKBA latest price $12.9000 (-5.01%) ($12.0850 - $13.5900) on Wed. Jul. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.52% (three month average) |
RSI | 69 |
Latest Price | $12.9000(-5.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AKBA advances 1% a day on average for past five trading days. |
Weekly Trend | AKBA advances 4.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support AKBA advance at 0% a week (0% probability) IYT(61%) IGOV(49%) IBB(37%) IFRA(35%) IWO(35%) |
Factors Impacting AKBA price | AKBA will decline at least -3.26% in a week (0% probabilities). CEMB(-65%) VIXM(-62%) UUP(-36%) XLU(-12%) PCY(-10%) |
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 | -3.26% (StdDev 6.52%) |
Hourly BBV | 0 () |
Intraday Trend | -4.6% |
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