| ARCT latest price $57.1550 (13.18%) ($51.5300 - $57.9300) on Tue. Jul. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.12% (three month average) |
RSI | 68 |
Latest Price | $57.1550(13.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 3% a day on average for past five trading days. |
Weekly Trend | ARCT advances 4.5% 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(50%) ARKK(44%) IPO(40%) |
Factors Impacting ARCT price | ARCT will decline at least -4.56% in a week (0% probabilities). VIXM(-20%) UUP(-13%) VXX(-10%) TBT(-5%) USO(-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 | -4.56% (StdDev 9.12%) |
Hourly BBV | 1.5 () |
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.