| ACB latest price $17.4000 (36.47%) ($15.0000 - $17.7100) on Thu. May. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 14.25% (three month average) |
RSI | 72 |
Latest Price | $17.4000(36.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 17.2% a day on average for past five trading days. |
Weekly Trend | ACB advances 44.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ACB advance at 0% a week (0% probability) IWM(15%) IWN(15%) SDY(15%) XHB(15%) DIA(14%) |
Factors Impacting ACB price | ACB will decline at least -7.125% in a week (0% probabilities). TLT(-10%) BNDX(-10%) VXX(-7%) VIXM(-6%) BND(-5%) |
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 | -7.125% (StdDev 14.25%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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