ACB 2020-09-22 Technical Analysis and Forecast


ACB Report

Sample Size: 6; Percent Error: 10%

Current Trend Performance

ACB is -75.82% from monthly high, 13.66% from monthly low, 4.02% from 10 day simple moving average, -9.47% from 20 day simple moving average, and -23.98% from 50 day simple moving average.

Forecast Ranges

Day 1:
The highs are 7.55, the lows are 6.72, and the median is 7.13. 75.0% to decrease between -26.94% - 0%. 25.0% to increase between 0% - 26.94%.
Day 2:
The highs are 7.56, the lows are 6.56, and the median is 7.06. 80.0% to decrease between -26.94% - 0%. 20.0% to increase between 0% - 26.94%.
Day 3:
The highs are 7.64, the lows are 6.56, and the median is 7.1. 80.0% to decrease between -26.94% - 0%. 20.0% to increase between 0% - 26.94%.
Day 4:
The highs are 8.68, the lows are 6.26, and the median is 7.47. 66.67% to decrease between -26.94% - 0%. 33.33% to increase between 0% - 26.94%.
Day 5:
The highs are 8.68, the lows are 5.66, and the median is 7.17. 66.67% to decrease between -26.94% - 0%. 33.33% to increase between 0% - 26.94%.
Day 6:
The highs are 9.2, the lows are 5.66, and the median is 7.43. 66.67% to decrease between -26.94% - 0%. 33.33% to increase between 0% - 26.94%.
Day 7:
The highs are 9.87, the lows are 3.96, and the median is 6.91. 16.67% to decrease between -53.88% - -26.94%. 50.0% to decrease between -26.94% - 0%. 16.67% to increase between 0% - 26.94%. 16.67% to increase between 26.94% - 53.88%.

Summary

SMA: Simple Moving Average

In next 5 days, there is possible support range between 5.35 and 6.01. There is possible resistance range between 7.98 and 9.29. Areas of uncertainty are beyond 4.87 and beyond 10.96. Minimum movement range is 26.94%.

Research conducted with Nforecast.

This is not a recommendation to buy, sell, or hold. This research is for educational, informational, and entertainment purposes. You should not construe any data or information presented by members on this blog or Nforecast LLC as investment, tax, legal, financial or other advice.