| ARCT latest price $15.5600 (-4.66%) ($15.5600 - $15.7700) on Fri. Oct. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.95% (three month average) |
RSI | 53 |
Latest Price | $15.5600(-4.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 0.9% a day on average for past five trading days. |
Weekly Trend | ARCT advances 5.7% a week on average for past two weeks. |
Market Behavior | Broad based 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(28%) IWC(24%) IWO(21%) XOP(21%) EWI(20%) |
Factors Impacting ARCT price | ARCT will decline at least -2.975% in a week (0% probabilities). UUP(-17%) VXX(-10%) VIXM(-10%) TBT(-1%) TLT(1%) |
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 | -2.975% (StdDev 5.95%) |
Hourly BBV | -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.