| ACB latest price $11.7000 (9.65%) ($10.6700 - $11.8900) on Tue. Jul. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.94% (three month average) |
RSI | 47 |
Latest Price | $11.7000(9.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 0.2% a day on average for past five trading days. |
Weekly Trend | ACB declines -4.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support ACB advance at 0% a week (0% probability) XLP(8%) GDX(7%) GDXJ(7%) GLD(7%) SIL(7%) |
Factors Impacting ACB price | ACB will decline at least -6.47% in a week (0% probabilities). BNDX(-9%) USO(-7%) UNG(-6%) TLT(-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 | -6.47% (StdDev 12.94%) |
Hourly BBV | 0 () |
Intraday Trend | 9.2% |
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