| ARCT latest price $58.0900 (3.82%) ($56.0300 - $59.2600) on Mon. Jul. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.13% (three month average) |
RSI | 68 |
Latest Price | $58.0900(3.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 2.8% a day on average for past five trading days. |
Weekly Trend | ARCT advances 9% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off 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 -4.565% in a week (0% probabilities). VIXM(-20%) UUP(-13%) VXX(-10%) TBT(-5%) IGOV(-4%) |
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 | -4.565% (StdDev 9.13%) |
Hourly BBV | 1.1 () |
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.