| ARCT latest price $22.5700 (10.04%) ($20.8000 - $23.6400) on Fri. Apr. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.19% (three month average) |
RSI | 92 |
Latest Price | $22.5700(10.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 5.2% a day on average for past five trading days. |
Weekly Trend | ARCT advances 19.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ARCT advance at 0% a week (0% probability) ARKG(52%) XBI(49%) IBB(47%) ARKK(42%) IPO(39%) |
Factors Impacting ARCT price | ARCT will decline at least -4.095% in a week (0% probabilities). VIXM(-19%) UUP(-12%) VXX(-10%) USO(-5%) TBT(-3%) |
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 | -4.095% (StdDev 8.19%) |
Hourly BBV | 0 () |
Intraday Trend | 8.5% |
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July 7, 2020 ARCT develops mRNA based covid vaccine. Now it's still in preclinical stage, and plan to start phase I clinic trail this summer.