| ARCT latest price $20.0550 (1.49%) ($18.8300 - $20.0550) on Wed. Jan. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.8% (three month average) |
RSI | 71 |
Latest Price | $20.0550(1.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 1.2% a day on average for past five trading days. |
Weekly Trend | ARCT advances 6.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ARCT advance at 0% a week (0% probability) ARKG(42%) XBI(39%) IWC(38%) IBB(36%) XLRE(35%) |
Factors Impacting ARCT price | ARCT will decline at least -2.4% in a week (0% probabilities). VIXM(-11%) UUP(-7%) TBT(-7%) IGOV(-2%) VXX(-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 | -2.4% (StdDev 4.8%) |
Hourly BBV | 1.7 () |
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.