| ACB latest price $10.9500 (12.31%) ($9.8500 - $11.3900) on Wed. Dec. 2, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 12.78% (three month average) |
RSI | 68 |
Latest Price | $10.9500(12.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 3.4% a day on average for past five trading days. |
Weekly Trend | ACB advances 22.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support ACB advance at 0% a week (0% probability) IBUY(49%) IWC(49%) IPO(48%) XBI(48%) ARKK(47%) |
Factors Impacting ACB price | ACB will decline at least -6.39% in a week (0% probabilities). VXX(-26%) VIXM(-25%) UUP(-20%) TLT(-13%) XLU(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -6.39% (StdDev 12.78%) |
Hourly BBV | -0.1 () |
Intraday Trend | 7.9% |
| |
|
|