| ARCT latest price $83.2200 (2.15%) ($76.5600 - $85.7800) on Wed. Dec. 2, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 9.08% (three month average) |
RSI | 83 |
Latest Price | $83.2200(2.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 6.3% a day on average for past five trading days. |
Weekly Trend | ARCT advances 27% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support ARCT advance at 0% a week (0% probability) IBB(52%) XBI(52%) ARKG(51%) ARKK(44%) IPO(41%) |
Factors Impacting ARCT price | ARCT will decline at least -4.54% in a week (0% probabilities). VIXM(-23%) UUP(-12%) VXX(-10%) IGOV(-6%) TBT(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.54% (StdDev 9.08%) |
Hourly BBV | -0.4 () |
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.