| ARCT latest price $32.8950 (0.26%) ($32.2900 - $34.8500) on Fri. Jun. 12, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 10.08% (three month average) |
RSI | 21 |
Latest Price | $32.8950(0.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 0.1% a day on average for past five trading days. |
Weekly Trend | ARCT declines -16.8% a week on average for past two weeks. |
Market Behavior | Value stock 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(51%) XBI(50%) IBB(49%) ARKK(43%) IPO(39%) |
Factors Impacting ARCT price | ARCT will decline at least -5.04% in a week (0% probabilities). VIXM(-18%) UUP(-13%) VXX(-10%) TBT(-5%) USO(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -5.04% (StdDev 10.08%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
| |
|
|
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.