| ACB latest price $10.0500 (1.26%) ($10.0500 - $10.0500) on Tue. Jun. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.31% (three month average) |
RSI | 78 |
Latest Price | $10.0500(1.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ACB advances 1.4% a day on average for past five trading days. |
Weekly Trend | ACB advances 14% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ACB advance at 0% a week (0% probability) ARKG(67%) ARKK(67%) IBUY(67%) IPO(66%) IWO(66%) |
Factors Impacting ACB price | ACB will decline at least -2.155% in a week (0% probabilities). VIXM(-46%) VXX(-38%) UUP(-23%) TLT(-22%) BND(-9%) |
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 | -2.155% (StdDev 4.31%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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