| ACB latest price $9.7000 (1.89%) ($9.0700 - $9.8700) on Tue. Jan. 5, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 12.12% (three month average) |
RSI | 52 |
Latest Price | $9.7000(1.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 2.3% a day on average for past five trading days. |
Weekly Trend | ACB declines -4.2% 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) IBUY(54%) ARKG(53%) ARKK(53%) IWC(53%) IWO(52%) |
Factors Impacting ACB price | ACB will decline at least -6.06% in a week (0% probabilities). VXX(-27%) VIXM(-27%) UUP(-21%) TLT(-15%) BND(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -6.06% (StdDev 12.12%) |
Hourly BBV | 1.3 () |
Intraday Trend | -0.7% |
| |
|
|