| ARCE latest price $20.9700 (0.53%) ($20.9700 - $21.0200) on Wed. Dec. 8, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.01% (three month average) |
RSI | 72 |
Latest Price | $20.9700(0.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARCE advances 1.8% a day on average for past five trading days. |
Weekly Trend | ARCE advances 5.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ARCE advance at 0% a week (0% probability) DRIV(31%) IPO(31%) SKYY(31%) ARKG(30%) BOTZ(30%) |
Factors Impacting ARCE price | ARCE will decline at least -1.505% in a week (0% probabilities). VIXM(-22%) UUP(-17%) TBT(-9%) VXX(-7%) UNG(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.505% (StdDev 3.01%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0% |
| |
|
|