| AKBA latest price $12.3100 (-1.83%) ($11.9300 - $12.6800) on Wed. Jun. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.74% (three month average) |
RSI | 52 |
Latest Price | $12.3100(-1.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AKBA advances 0.2% a day on average for past five trading days. |
Weekly Trend | AKBA advances 2.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support AKBA advance at 0% a week (0% probability) IVE(73%) XHB(68%) IYT(53%) IGOV(47%) XBI(40%) |
Factors Impacting AKBA price | AKBA will decline at least -3.37% in a week (0% probabilities). VIXM(-59%) UUP(-37%) CEMB(-25%) INDA(-13%) VXX(-12%) |
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 | -3.37% (StdDev 6.74%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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