| ARCT latest price $28.7200 (8.66%) ($26.9750 - $28.7200) on Fri. Jun. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.31% (three month average) |
RSI | 53 |
Latest Price | $28.7200(8.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCT advances 3.7% a day on average for past five trading days. |
Weekly Trend | ARCT declines -2.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ARCT advance at 0% a week (0% probability) XLK(35%) SMH(32%) QQQ(30%) VFMO(29%) XBI(29%) |
Factors Impacting ARCT price | ARCT will decline at least -2.155% in a week (0% probabilities). VIXM(-21%) VXX(-17%) UUP(-17%) SHY(-15%) VCSH(-11%) |
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 | -2.155% (StdDev 4.31%) |
Hourly BBV | 1.3 () |
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.