| ARCT latest price $29.8800 (1.77%) ($29.8800 - $30.2000) on Wed. Apr. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.49% (three month average) |
RSI | 69 |
Latest Price | $29.8800(1.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 1.6% a day on average for past five trading days. |
Weekly Trend | ARCT advances 6.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ARCT advance at 0% a week (0% probability) IBB(56%) XBI(54%) ARKG(48%) IWO(46%) ARKK(45%) |
Factors Impacting ARCT price | ARCT will decline at least -3.245% in a week (0% probabilities). VIXM(-30%) UUP(-18%) VXX(-11%) TBT(-3%) EDOC(-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 | -3.245% (StdDev 6.49%) |
Hourly BBV | 0.2 () |
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.