| ACB latest price $10.2700 (-0.39%) ($9.9900 - $10.3100) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.9% (three month average) |
RSI | 39 |
Latest Price | $10.2700(-0.39%) |
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 -2.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ACB advance at 0% a week (0% probability) GDX(8%) SIL(8%) XLP(8%) GDXJ(7%) GLD(7%) |
Factors Impacting ACB price | ACB will decline at least -6.45% 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 | -6.45% (StdDev 12.9%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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