| ARCT latest price $54.1300 (19.7%) ($44.2500 - $55.0000) on Mon. May. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.22% (three month average) |
RSI | 77 |
Latest Price | $54.1300(19.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 2.6% a day on average for past five trading days. |
Weekly Trend | ARCT advances 13.4% 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 ARCT advance at 0% a week (0% probability) ARKG(52%) XBI(51%) IBB(49%) ARKK(43%) IPO(40%) |
Factors Impacting ARCT price | ARCT will decline at least -5.11% in a week (0% probabilities). VIXM(-19%) UUP(-12%) VXX(-10%) TBT(-4%) USO(-1%) |
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 | -5.11% (StdDev 10.22%) |
Hourly BBV | 2.3 () |
Intraday Trend | 0% |
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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.