ACBAW Stock Summary and Trading Ideas (Ace Global Business Acquisition Limited - Warrant | :ACBAW)

Ace Global Business Acquisition Limited - Warrant trades on the stock market under the symbol ACBAW.

As of September 25, 2023, ACBAW stock price was flat at $0.04 with 93 million shares trading.

ACBAW has a market cap of $0.00. This is considered a Sub-Micro Cap stock.

ACBAW has outperformed the market in the last year with a return of +95.2%, while the SPY ETF gained +17.2%. In the last 3 month period, ACBAW beat the market returning +36.7%, while SPY returned -0.6%. However, in the most recent 2 weeks ACBAW has underperformed the stock market by returning -16.3%, while SPY returned -2.6%.

ACBAW support price is $.03 and resistance is $.05 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ACBAW stock will trade within this expected range on the day.