| ARCE latest price $42.3100 (1.56%) ($41.5500 - $42.8400) on Fri. Aug. 28, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.13% (three month average) |
RSI | 23 |
Latest Price | $42.3100(1.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCE advances 0.6% a day on average for past five trading days. |
Weekly Trend | ARCE declines -6.4% 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 ARCE advance at 0% a week (0% probability) IPO(28%) BOTZ(27%) SKYY(27%) ARKG(26%) IBUY(26%) |
Factors Impacting ARCE price | ARCE will decline at least -1.565% in a week (0% probabilities). VIXM(-19%) UUP(-13%) VXX(-7%) TBT(-7%) UNG(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.565% (StdDev 3.13%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
| |
|
|