| ACB latest price $12.8700 (9.53%) ($11.8600 - $12.9000) on Wed. Jul. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.85% (three month average) |
RSI | 38 |
Latest Price | $12.8700(9.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 1.2% a day on average for past five trading days. |
Weekly Trend | ACB declines -2.7% 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 ACB advance at 0% a week (0% probability) IGOV(8%) XLP(8%) GDX(7%) GDXJ(7%) GLD(7%) |
Factors Impacting ACB price | ACB will decline at least -6.425% in a week (0% probabilities). BNDX(-10%) USO(-6%) TLT(-6%) UNG(-5%) 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 | -6.425% (StdDev 12.85%) |
Hourly BBV | 0 () |
Intraday Trend | 7.4% |
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