| ARCT latest price $59.2400 (5.96%) ($56.2200 - $61.9800) on Wed. Nov. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.69% (three month average) |
RSI | 56 |
Latest Price | $59.2400(5.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 3.2% a day on average for past five trading days. |
Weekly Trend | ARCT advances 4.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support ARCT advance at 0% a week (0% probability) ARKG(51%) IBB(50%) XBI(50%) ARKK(44%) IPO(41%) |
Factors Impacting ARCT price | ARCT will decline at least -2.845% in a week (0% probabilities). VIXM(-20%) UUP(-12%) VXX(-10%) TBT(-6%) USO(-5%) |
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 | -2.845% (StdDev 5.69%) |
Hourly BBV | 0.7 () |
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.