| ACB latest price $16.0100 (-7.99%) ($15.3400 - $16.8900) on Fri. May. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 14.18% (three month average) |
RSI | 70 |
Latest Price | $16.0100(-7.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 6.6% a day on average for past five trading days. |
Weekly Trend | ACB advances 49.1% 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) IFRA(14%) IWM(14%) IWN(14%) SDY(14%) XHB(14%) |
Factors Impacting ACB price | ACB will decline at least -7.09% in a week (0% probabilities). TLT(-10%) BNDX(-9%) VXX(-6%) VIXM(-5%) UUP(-4%) |
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 | -7.09% (StdDev 14.18%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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